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Guest

If a home was gift prior to or during a marriage to one party, in the State of Florida is the home still considered joint property?

Guest

Hi just!

Though, Florida is an Equitable Distribution State and the general norm is to divide the property equally (i.e. 50-50) during separation or divorce, property acquired through gifts or inheritance prior or during the marriage is excluded. Thus, whoever has his or her name in the title owns the property. It is not considered as a joint property.

jerry · Posted: Sat Sep 27, 2008 3:28 am Post subject:

Hi just!

If a property is gifted before or during the marriage as a gift it will not be considered as a joint property.

Thanks,

Jerry

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who owns a house in a marriage if the house was a gift