I am still married and haven’t annulled yet. I want to buy a house and lot, pay for it via bank financing over 20 years, and then name it to my child. I know that everything is conjugal since we’re still married. Right now, I’m waiting for the divorce to be approved here in the Philippines. I’m ready to buy a property, and I was told that it won’t be transferred to my name unless it’s fully paid, which is great. That means I can pay for 20 years and then name it to my child after full payment, if the divorce hasn’t been approved by then. Are my plans possible? I’m worried that I could pay for 20 years and then my ex-husband might come back and claim his part of the house. Will the property be under my name first before I transfer it to my child’s name, or can I name it directly under my child right away? Thanks in advance!
Where is PH? In any case, do not rely on Reddit for legal advice. You need to talk with an attorney for the state you live in before you purchase this house.
Philippines.
Oh ok, yes, please speak with an attorney. Good luck!
Just do a post-nup or finalize the divorce now.
Divorce has not been approved yet here in the Philippines.
Talk to your lawyer. You shouldn’t trust any legal advice on Reddit. You can ask which type of lawyer to hire; people will know that. But no one can give you true legal advice.
If you’re married, all acquisitions while married are conjugal, and your spouse must sign off on all transfers, even if for children.
Talk to a lawyer. This is not a real estate question. This is a lawyer question.
Are you buying in the Philippines?
Yes.
Yeah, might wanna ask on a Philippines sub or something.
This issue is so easily solved. Talk with a local lawyer experienced in your subject in your local jurisdiction.
Check your state rules, but in some states you can file for legal separation, which severs any of the other spouse’s claims to purchases or income made after the separation date. Basically, it freezes the assets at the moment of separation to be used in the calculation for the final divorce settlement. But every state handles these things differently, so make sure you understand all the possibilities and nuances first.