We have a legal separation, which is five years old. At the time, my husband wanted his complete retirement fund, and I wanted two houses. He agreed at the time that he house equity offset his cash, and that is how we did the agreement. The stock market downturn has severely depleted his savings, and he wants to change our understanding. Is he going to be allowed to change our agreement to do this?
To correctly answer your question authoritatively, I would have to examine the written Separation Agreement to which you refer. Assuming that the information you stated is absolutely correct, your husband should have no recourse to now claim an interest in the houses.
If you are considering completing the process of filing for divorce (it is time you completed the process and get on with your life -being separated and not divorced is the worst of both worlds). Please call may at 212-370-1660 to discuss mediating the divorce, which will save you time, money, and a lot of aggravation.
Leonard M. Weiner, Esq./Divorce Solutions