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Understanding Marital Property Creation: Asset Conversion and Commingling

When you have a separate asset — something in your name alone — and you convert it into a joint asset by changing title or designation, you may create marital property.

Even without changing title, if you fund or contribute to that asset during the marriage, you could inadvertently create a joint asset.

Schedule your free consultation at jerseycoastfamilylaw.com or call 732-889-7355

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Shared byTaylor Lopez - 3 days ago

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