About Equality in Marriage Institute Expertise As a non profit organization commited to assisting and supporting men and women through their divorce transition, we will answer any questions -from how to get yourself on your feet after being served with divorce papers, questions to ask your lawyer, how to appeal or modify your judgement and the different ways to end your marriage to how to empower and care for yourself, the benefits of joining a support group and how to manage your divorce process. Please note that we are not lawyers, financial advisors or therapists. The information given is intended to provide you with direction towards resources, websites, and answers that can help you through your transition.
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Expert: Equality in Marriage Institute - 12/9/2005
Question My husband is forcing me to turnover a Quitclaim Deed to him and we are going to be entering divorce proceedings. How will this hurt any fair and equitable settlment I may be entitled to when the house is sold?
Answer Dear Pamela,
Before you do anything that involves legally transferring property you should seek the advice of a professional attorney. Learn what a Quit claim deed is and how much you "lose" or "gain" by turning over a Quitclaim deed. visit:http://homebuying.about.com/cs/realestateglossary/g/quitclaim_deed.htm fto learn more about them. You may want to speak with your accountant or financial advisor about this before you sign.
From what I read you do not necessarily have any rights to property after it is sold because you gave up your rights when you signed the quitclaim. Be sure you are educated about what your doing.
