Frequently asked questions.

Frequently asked questions.

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What are non-marital assets?

In Florida, there are two classifications of assets ~ marital and non-marital assets. Generally speaking, non-marital assets are those owned by a spouse prior to the marriage, as well as those assets acquired by a spouse during the marriage through gift or inheritance. It also could be property acquired during the marriage in exchange for property acquired before the marriage. Of course, non-marital property could also be property that is defined as non-marital through a valid agreement of the parties, including a premarital agreement or a postnuptial agreement.