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comingle Tag

The Law Offices of Scott J. Kalish > Posts tagged "comingle"

What is Non-Marital Property in Florida?

In Florida non-marital property is clearly defined by § 61.075(6)(b), Florida Statutes. In general, Florida law provides that non-marital property includes any assets acquired or liabilities (debts) incurred by either the husband or wife prior to the marriage, including assets acquired or liabilities incurred in exchange for those pre-marital assets or liabilities. Assets that one spouse receives during the marriage that are either "noninterspousal” gifts (meaning not a gift from the other spouse) or an inheritance will be non-marital property. Any income that comes from non-marital assets is non-marital property, unless that income was treated, used, or relied upon by...

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