If I quit claim my share of our house over to my husband and we end up getting divorced, am I entitled to my fair share?

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If I quit claim my share of our house over to my husband and we end up getting divorced, am I entitled to my fair share?

I had a gambling problem and my husband wants me to sign a quit deed for our house and property for $100,000. It is worth more than that. I contributed my share or more to pay for it.

Asked on April 26, 2019 under Family Law, Illinois

Answers:

SJZ, Member, New York Bar / FreeAdvice Contributing Attorney

Answered 2 years ago | Contributor

You are entitled to whatever you agree to sign it over for. You quitclaiming your share of the house to anyone, including your husband, is voluntary on your part: you don't need to do it. Therefore, you should only do it for an amount of money you deem reasonable--and if he's not willing to pay what you will accept, don't do it.


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