he put his inheritientce money into the house we bought, but he put it into our joint account and then add improvements to the house. now we are selling it and he wants all the money back and he also wants the money that he put into the car that he bought me.
2006-10-15 09:00:49 · 23 answers · asked by susan e 1 in Family & Relationships ➔ Marriage & Divorce
are you guys married? are you divorcing? if you are divorcing you are entitled to half of everything. if your not married then he can't legally get it back unless he can prove it was a loan and not a gift
morally speaking, if you have it and know it is his then you should give it back
2006-10-15 09:03:28 · answer #1 · answered by krystal s 3 · 2⤊ 0⤋
Depending on the state you live in the rule in California is that the moment he put it in the joint account it is both of yours. That's what happened to someone I know.
If he wants the money back and you selling your house I will assume that your no longer going to be together and he may be able to do so w/a smart attorney. Sounds like a mean person to me.
2006-10-15 09:04:36 · answer #2 · answered by sideways 7 · 1⤊ 0⤋
If it was invested in a joint asset then youre probably not going to be obligated by law to give it back- although if it really is inheritence then you probably should since his parents probably loved him and worked their whole life to leave it to him. Imagine leaving your life savings to your son and then your daughter-in-law takes half of it from him. Its sad- you should really do the best you can to be fair with him- even if your pissed off at him, which most people will be in a divorce or separation.
Addition: Be careful hiring attorneys- there are 3 sides to every dispute, the two parties involved and the lawyer is always on his or her own side... Most lawyers make unreasonable demands because their client likes it and they know how bad it pisses off the other side, so the dispute keeps going on and on and the lawyer keeps billing. In the end the lawyer will walk away with most of the value of what the two of you used to have.
2006-10-15 09:05:25 · answer #3 · answered by Jason 6 · 1⤊ 0⤋
I don't know who He is,but if money is in joint account he can go to the bank a draw as much money out of the account as he wants even tho it is a joint and you can as well,but when you sell the house make sure the money is payable to both of you so you can get your share and far as the car it is yours if it is in your name.
2006-10-15 09:07:08 · answer #4 · answered by Anonymous · 0⤊ 0⤋
who is he and who are you?
Is he your bf or your huband or your brother?
Sounds like you guys need to go to court.
Was the money part of your marriage?
Was the house origionally yours or his?
If he bought you a car, was it a gift?
Why are you selling the house?
You aren't telling us enough details.
But, one thing is sure, I think you need an attorney asap. If you don't have money for one, find a Pro Bono one or maybe a free clinic for poor people who need financial help
2006-10-15 09:07:09 · answer #5 · answered by clcalifornia 7 · 0⤊ 0⤋
i've taken family law before. any money, whether inheritance or what not, that he used toward the purchase of your house now belongs to both of u. he can't expect to get it back. as for the money he put toward the car, that was a gift. it's like someone buying you a ring then expecting you to pay for it. i'm sorry it doesn't work that way. don't pay him a penny. if he has any problem, he can go to court and sort it out. my advice, get legal advice before doing anything.
2006-10-15 09:39:39 · answer #6 · answered by babygirl 2 · 0⤊ 0⤋
Well you really should be asking a lawyer about this. But as far as I know, you are not entitled to any inheritance he has recieved.
However, since the money was partly used to buy a house and was given to you as a gift, ( your CAR) I would think it would be 50/50....He is entitled to his half.
2006-10-15 09:19:36 · answer #7 · answered by Cblack22 3 · 0⤊ 0⤋
it depends what state you live in, laws are different in every state. also, are you going through a divorce? typically once any money is put into a joint account, it becomes either marital or community property which is either split evenly or divided by equituble distribution, again, depending on the state.
2006-10-15 12:14:29 · answer #8 · answered by divorce_services 1 · 0⤊ 0⤋
sounds like he wants to split up, i would seek the advice of an attorney.but if it was a joint account than you had the right to half of it.
2006-10-15 09:17:34 · answer #9 · answered by jude 7 · 0⤊ 0⤋
Best to talk to a lawyer, sounds sticky..
Don't do anything till you talk to a good lawyer.
Simply wishing you the best of luck,
Garry From Australia
2006-10-15 09:06:07 · answer #10 · answered by Anonymous · 0⤊ 0⤋