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Separate or Joint Property to Joint  Form

Separate or Joint Property to Joint Form

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Instructions and help about Separate Or Joint Property To Joint

hi there it's billy taurasio from modern law and today we're going to talk about a number of the ways that your separate property can become marital property or how your actions during your marriage can create an interest that the community has on your separate property so first what separate property this could be an inheritance it could be a gift it could be money that you earned or assets that you had before you got married now when you come into that marriage and you have your separate property or you get a gift or you get an inheritance it's separate property as it stands on that day it is not divisible and your spouse does not have a claim on it in divorce now more often than not those separate assets become marital assets through behaviors and actions that you and your spouse take so let's let's go through some examples let's say you um are gifted a membership interest in a family business um it's gifted to you it is your s

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