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Updated over 5 years ago on . Most recent reply
How to eliminate wife rights on a property I am purchasing?
Hi.
My wife and I married only for less than a year.
I am about to purchase turn key property in Ohio, for the money I made before we even knew each other.
Everything is fine, but my wife always listens and does what her mom will tell her to do. And that is my concern. In case of a divorce, mother in law will tell her to get everything from me (so she can have more storage to hoard her stuff).
I do not have LLS set up, but I will be the only on a title and the loan is only on my name.
So am I protected enough?
Or is there like a waiver my wife can sign? And if yes, who would provide that waiver? Title company?
Thank you
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- Property Manager
- Virginia Beach, VA
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Wow @Jake Johnson. Did you really post all that in a public forum? If I were you I would delete this thread. From the perspective of someone who has been married for 27 years, your marriage is doomed unless you change your perspective. If you and your wife don’t team up and commit to each other to go concur the world, your marriage will never make it. You talking this way to a forum of strangers is way worst than her talking to her own mom, and the fact that this has not occurred to you says a lot about how you two treat each other. If I had a daughter who was married to someone with your mentality, I sure would be coaching her to protect herself too. (Of course I’m wise enough to not share my opinion or get involved with my kids relationships unless asked.) Please get some marriage counseling and put investing on hold for now. You cannot build an empire without a firm foundation unless you want it to all come crumbling down.
- Patti Robertson
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