Posts Tagged ‘separate property’
Comingling of property in the marital estate
The biggest difficulty in separating out each spouse’s property and/or debts from marital property, or the “marital estate,” is that most times spouses will commingle their property and/or debts during the marriage. Unless a very clear accounting is kept making it clear that the intent of the spouses was to maintain the property or debt…
Read MorePremarital property
Premarital property is that property that each spouse brings into the marriage, which is each their separate property and generally not considered part of the marital estate. As in all things legal, there are exceptions to the premarital property laws. The biggest exceptions have to do with commingling of premarital property or debts with marital…
Read More