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Court overturns $31,054 divorce payout over premarital home's rise in value

The West Virginia Supreme Court of Appeals has overturned a previous decision regarding a premarital home. The court ruled that the husband is not liable for the home's market value increase during marriage. This ruling clarifies how separate property and marital contributions are treated in divorce cases. However, the former wife is entitled to financial interest from mortgage principal payments…

First reported by Times of India 1 source
Image: Times of India
Image: Times of India
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  1. Times of India

    Court overturns $31,054 divorce payout over premarital home's rise in value (opens Times of India in a new tab)

    The West Virginia Supreme Court of Appeals has overturned a previous decision regarding a premarital home. The court ruled that the husband is not liable for the home's market value increase during marriage. This ruling clarifies how separate property and…

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