Transmutation occurs when one spouse adds the other spouse's name to a piece of property that was previously held in only the first spouse's name, such as a house. When the second spouse's name is added, it essentially transfers the property from the sole ownership of one spouse to the joint ownership of both spouses.
Once the property has been transmuted, it becomes a part of the marital estate in the eyes of the court. As a result, the spouses have a right to an equitable share of its value if the couple should ever divorce, even though one spouse may have paid for the property with personal funds. If you have concerns about transmuted property, you should seek the advice of a qualified St. Louis transmutation attorney.
Strong Representation On Your Side
At Stange Law Firm, PC, we have helped clients to resolve even the most complex property division matters. We understand the law surrounding transmutation, and we know what it takes to help you reach a favorable result. You can count on us to do everything in our power to protect your interests.
We represent clients on both sides of these extremely complex cases. Whether you were the original owner who is trying to preserve your right to an asset or the spouse who was added and is trying to preserve your share of the value, our skilled lawyers will build the most compelling possible case to support your claim.
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