Epstein Secrets

Gerald Castor is the owner of Balbo Construction which performed construction work for the parties on the marital homestead located at IB-29 Estate Solberg. In the civil action. Babo alleges that the parties are liable for outstanding payments amounting to Three Hundred Ninety Six Thousand. Five Hundred

stipulate or concede to the amount of monetary relief alleged in the pleading.= The parties also stipulated that the marital homestead, IB-29 Estate Solberg, St. Thomas. U.S. Virgin Islands, is valued at Seven Hundred Twenty Five Thousand Dollars ($725,000.00) subject to a mortgage of One Hundred Ten Th

marital homestead" is any homestead in which a husband and wife both reside during the marriage and that is owned by one or both of the spouses. 33 V.I.C. § 2305(a), (c). 3. Property § 15.30--Homestead--Divorce When the divorcing parties had lived in the marital homestead for 7 years of their 21-year

Gerald Castor is the owner of Balbo Construction which performed construction work for the parties on the marital homestead located at 16-29 Estate Solberg. In the civil action. Balbo alleges that the parties are liable for outstanding payments amounting to Three Hundred Ninety Six Thousand. Five Hundre

stipulate or concede to the amount of monetary relief alleged in the pleading.= The parties also stipulated that the marital homestead, IB-29 Estate Solberg, St. Thomas, U.S. Virgin Islands, is valued at Seven Hundred Twenty Five Thousand Dollars ($725,000.00) subject to a mortgage of One Hundred Ten Th

st division of the property between the parties. As its name suggests, eqiaole distribution does not necessarily mean "equal," only "equitable." 33 V.I.C. § (d). 2. Property § 15.05--Homestead--Generally A homestead is defined as the abode including land and buildings, owned by, and actually occupied

." Garcia, 59 V.I. 758 (V.I. 2013) quoting, Harvey v. Christopher, 55 V.I. 565, 572 (V.I. 2011). Pursuant to the parties' stipulation, IB-29 Estate Solberg is valued at Seven Hundred Twenty Five Thousand Dollars ($725,000.00) subject to a One Hundred Ten Thousand Dollars ($110,000.00) mortgage. Althoug

ve shared equally their children's expenses and Mr. Francis has continued to pay all real property expenses. Here, the home located at IB-29 Estate Solberg, St. Thomas appears to satisfy the requirements outlined in Title 33 V.I.C. § 2305(a) since Mr. Francis gained ownership rights when: 1) his mother

ital homestead,' both the United States Court of Appeals for the Third Circuit and the Appellate Division of the District Court interpreted Title 33 V.I.C. §§ 2305(a), (c) to hold that a "marital homestead' is any 'homestead' [98] in which a husband and wife both reside during the marriage and that is

Page 31 2014 V.I. LEXIS 45, *; 61 V.I. 13, ** [3] The Court has considered that the parties resided in the Solberg home from 2005-2012 for approximately seven (7) of their twenty one (21) years of marriage with their children. Mr. Francis' mother has occupied an

stead and not the entire property known as IB-29 Estate Solberg. In view of the circumstances surrounding the acquisition and construction of IB-29 Solberg, maintenance and occupancy of said property, the Court finds that based on a balancing of equities, Mr. Francis should retain possession of the mar

nd, Six Hundred Fifty Dollars ($106,650.00). 0. Pornonat Property [4] [HN3] The Court may distribute personal property in accordance with Title 16 V.I.C. § 109 (4). However, the statute does not define marital property. "Whether an asset is marital property or separate property for purposes of distri