In Oklahoma which is not a community property state there is still the coverture property concept which allocates property acquired during the marriage equally to husband and wife.  

Or she has a lot of debt in her name, but perhaps in your state, by marriage, that would make her husband also on the hook for said debt?

My wife and I sacrificed a lot of energy, money, emotions, almost our marriage, ETC a little more than 3 years ago to get my son and his live in on the road to recovery from meth.

If the only benefit of holding a mortgage was the interest deduction, there is no argument that the benefit doesn't outweigh the cost (just like you shouldn't get married or have kids just to the tax benefits).But, just like with marriage and kids, the benefits of mortgages extend well past the tax benefits.These days, with interest rates so low, any decent investor should be able to earn more than the rate at which he can borrow.

And in that case, think of creating an LLC as a business marriage.

The only reason I can think of is to make the rich richer and the poor more oppressed and controlled.It's hilarious hearing people scream "LESS GOVERNEMENT" and then scream that we need more laws to restrict speech, drugs, sex, marriage, travel, etc.

(e.g. his net worth, his marriage status, his previous experience managing corporations and trusts), none of us should blindly recommend him to go set up a structure where you: (1) create an irrevocable trust; (2) name yourself as both the sole trustee and sole beneficiary; (3) create an LLC (to be taxed as a S-corp) that the trust would own; and (4) create yet another LLC that the S-Corp LLC will own.

Also, the benefit of HECM is as long as you pay property tax, insurance and keep this as your primary residence, reverse mortgage company cannot foreclose your property until all borrowers and eligible non-borrower spouse (Common law marriage won't work.

It was my house prior to marriage and we decided to rent it out.We’ve had two other tenants and never any problems, but this one has been a different story.

was "How solid is your marriage?"