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New Member
I am newly separated & am renting while my spouse lives in our home which is paid for. We also own a vacation home that he is making the payments on as of the date I left (2 payments so far).
I am considering purchasing a new home rather than throw away money renting and want to know the best route to avoid my spouse from getting half of anything I put down on it.
We split our money when I left and each opened our own bank accounts. He has money from an estate that I know is not considered joint property.
I have 401K money that I know he will be entitled to half of when we divorce.
He is 59 and retired and if not disabled.
I want my half of the condo now to use towards a down payment, documenting it with a notary and I want him to waive any rights to a new home if I buy one. How does all this work?
I am considering purchasing a new home rather than throw away money renting and want to know the best route to avoid my spouse from getting half of anything I put down on it.
We split our money when I left and each opened our own bank accounts. He has money from an estate that I know is not considered joint property.
I have 401K money that I know he will be entitled to half of when we divorce.
He is 59 and retired and if not disabled.
I want my half of the condo now to use towards a down payment, documenting it with a notary and I want him to waive any rights to a new home if I buy one. How does all this work?
