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Financial Issues This forum is for discussing any of the financial issues involved in your divorce.

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Old 11-19-2014, 08:55 PM
tmex tmex is offline
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Default Matrimonial Home(s)

I have a question regarding matrimonial homes. My parents are divorcing or rather my Mom is divorcing my Dad and both are in their eighties. She is undergoing a mental health assessment but pursued a divorce with my brothers assistance. Now they have the matrimonial home they will have to split. My dad also inherited from his dad his home and farm and there was a stipulation in the will that it not be shared with spouse. The lawyer is telling me that the farm/house is considering a matrimonial home. My parents never lived there at all. Since my grandfather left it in the early 90's no one has lived there. The other issue is the house was not really sellable. No central heat (wood fire stove), no running water, no bathroom except a toilet. By any standards not a livable home. So the question is would the farm/home be considered matrimonial? If so, the second part is that if the home was not really livable would it be considered a matrimonial home? House had no value but the acreage of the farm was the value associated with the property.
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Old 11-19-2014, 09:10 PM
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Rioe Rioe is offline
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The house they LIVE in currently is the matrimonial home. Sometimes a family cottage can be considered a second matrimonial home.

A family farm inherited from one side and never used by the couple would very likely be excluded from divided property as inheritances which are kept separate usually are.
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