Can my ex's dad buy me out?

Question

I am getting a divorce and my ex wants to keep the house which is fine. His dad wants to give him the money to buy me out and is getting too involved. Before we talk about it and I have to mention that "dad" needs to butt out, is it even legal for someone to fund the money to buy out your spouse? Does it matter where the money comes from? I don't care where it comes from as long as it is legal and the deal is between me and my ex. So if you are a lawyer or know the law, please answer. Thanks.

Answer 1

If the Dad is buying you out and will have his name on the new deed, you don't have to agree and sign. If Dad is giving the money to your ex so that he can keep the house and only your Ex is signing the new deed...that is perfectly legal. It does not matter where he gets the money...only that he has the 'funds' to pay you off your share. The deal is only between you and whomever signs the sale. If it is just your ex, then that is all you are seeking? To be paid your share of the home or are you seeking to stop your ex Dad-in-law from being involved?  

Answer 2

I am no lawyer and any advice from me should be taken that way.........but if you still wish to continue reading this than here goes.

As far as the house is concerned, as long as you get your 1/2 of the money for it, it does not matter if he robs a bank to get it to you. As long as you get what is rightfully yours and you yourself have not obtained the money in an illegal manner, you should be fine.

As far as his father being involved, that may be a blessing in disguise.  Fathers as a general rule try to make sure their children do right by others. This is not always the case, but generally speaking it is.  So don't push the soon to be ex-in-law away  to soon.

I hate to hear of anyone going through a divorce. I wish you the best of luck.

Answer 3

I'm not quite getting it.

His dad wants to give you the money for your half of the house, correct?

If that's the case, it doesn't matter where he gets the money from. As long as you get your share of the market value, than there's no rule/law saying that it has to be his money.  

Answer 4

Money can come from anywhere, just make sure the papers are looked over by a lawyer but yes, the Dad can pay for it for his son.