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d2njti
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Reged: 03/05/08
Posts: 187

Depreciated Inheritance

#499373 - 02/01/09 10:31 PM

The posts here often describe how a spouse is entitled to half the appreciated value of an inherited house. So in this housing market, if that house has lost value during the marriage, would that same spouse be responsible for half of the loss?

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Reged: 12/31/05
Posts: 10207

Re: Depreciated Inheritance

[Re: d2njti]
#499399 - 02/02/09 08:48 AM

The posts here often describe how a spouse is entitled to half the appreciated value of an inherited house.

>>>>>>>>>>>> Not always .

So in this housing market, if that house has lost value during the marriage, would that same spouse be responsible for half of the loss?

>>>>>>>>>>>> If there's negative equity , possibly .

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