1. Are gifts subject to equitable distribution in a divorce case?
No. N.J.S.A. 2A:34-23 specifically excludes from equitable distribution all gifts received by either spouse from a third party. The third party is in most instances the parties’ parents. However, it is important to note that interspousal gifts are subject to equitable distribution. The burden of proving that an asset is an interspousal gift rests upon the party alleging the status of the property.
Many disputes have arisen over whether a gift was to one or to both spouses, or whether a gift to one spouse lost its separate and immune character by virtue of being commingled with marital property – for example, by deposit in a joint savings bank account. See Dotsko v. Dotsko, 224 N.J. Super. 668 (App. Div. 1990).
A typical type of interspousal gift is the conveyance of a home owned by one spouse prior to the marriage to both spouses as tenants by the entireties after the marriage. Such a gift converts what would otherwise have been separate premarital property into marital property subject to equitable distribution. See Perkins v. Perkins, 159 N.J. Super. 243 (App. Div. 1978).
It is important for a spouse to keep any of his/her assets that were derived from a gift(s) separate and distinct from the rest of the marital property. Separate property that is brought into the marriage is not eligible for distribution upon divorce. However, quite frequently the spouses commingle their resources. Consequently, separate property that was a gift is often commingled with marital funds. If this should occur, then an argument can be made that the gift was converted into marital property. Cases of this nature are decided on a case-by-case basis. If possible, it is always strongly advisable to keep gifts from your parents and your inheritance separate from your spouse’s finances.
The Breaking Point Before Divorce The story of the final breaking point leading to my divorce with an abusive husband. By PhoenixRising Updated: March 30, 2023 Categories: Considering Divorce , Inspirational Stories and Advice , Preparing for Divorce It’s Saturday morning in October in the Northeast. The wind blowing through the open bay windows is crisp and carries hints of freshly brewed coffee from the kitchen downstairs. It’s 7 A.M. and the baby is sleeping, the house is quiet. Although I was up for several feedings though out the night, the morning is welcoming and promising of a fresh start on a new day. This is the story of my breaking point before divorce. My Breaking Point Before Divorce This Saturday begins as any normal weekend; my husband left for work at 5am, 45 minutes away in the city. He slept a peaceful 9 hours despite our daughters’ screaming outbursts throughout the night; not like he has ever gotten up to help, anyway. I tiptoe out of my bedroom where our p
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