Legal Question in Family Law in Florida
Property in a 3rd parties name.
Can the law make a person sign over property that has been in their possession for 8 yrs? The said property was signed over to the parent of a now divorcing couple.
Property was purchased with down payment from ins of wife before
she wed.Property was purchased
after couple wed.Is it still a marital
property?
1 Answer from Attorneys
Re: Property in a 3rd parties name.
If I understand correctly, the property is not titled in either spouse's name. If that is the case and the property was validly transfered 8 years ago, it is not going to be in question. It does not belong to either spouse. A transfer shortly before a divorce can be examined and the value can be imputed to marital assets. However, it must have been tranfered within 2 years.
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