Marital Property?


#1

These items may be marital property or may be a gift solely to your husband. It depends on the intention of your cousin when he gave the collectibles to your Husband, did he intend the money your Husband made to be a gift or compensation for selling the items.

Helena M. Nevicosi
Attorney with Rosen Law Firm

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The response posted above is based upon the limited factual information made available and is not intended as a full and complete response to the question. The only reliable manner to obtain complete and adequate legal advice is to consult with an attorney, fully explain your situation, and allow the attorney sufficient opportunity to research the applicable law and facts required to render an accurate opinion. The basic information provided above is intended as a public service only, a full discussion with an attorney should be undertaken before taking any action. The information posted on this forum is available for public viewing and is not intended to create an attorney client relationship with any individual. These answers are provided for informational purposes only, a person should consult with their own individual legal counsel before taking any action that could affect their legal rights or obligations.


#2

My Husband received some collectibles from his cousin. My husband did not pay his cousin for these collectibles,(worth 75 dollars and up, he has about 30 pieces). The were given to my husband on the condition that my husband sell them and when they are sold, my husband is supposed to pay his cousin part of the money.

Are those items considered marital property and is my husband required to give me half of the sale of the items even though my husband never paid for the items? Are those items still considered the property of his cousin?

Mary