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Non Marital Assets Form

Non Marital Assets Form

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As the world takes a step away from office working conditions, the execution of documents increasingly occurs electronically. The non marital assets isn’t an any different. Working with it utilizing digital tools is different from doing this in the physical world.

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Instructions and help about non marital assets

a non-marital asset is an asset that one party or the other party owns prior to the marriage or acquires during the marriage through what is known as a non- interspousal gift a non- interspousal gift can be a gift outright or possibly an inheritance that one party receives from someone outside of the marriage so for example Le if one party inherits money from his or her parents uh and the the beneficiary named in the parents will is the one party and not the other then the inheritance received would be a non-marital asset on the other hand if the will mentions both parties as receiving the inheritance then that inheritance would be a marital asset and would be split 55 50 or if an asset is acquired during the marriage through marital effort working uh paychecks uh that type of thing then that asset is acquired with marital effort would be a marital asset and would be split 50/50

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