Luxury Homes and Estates of Florida Magazine
By Houton E. Short

In prior articles I have explained that assets owned by both husband and wife cannot be attached or sold to satisfy a creditor of only one spouse. Marital assets are protected in the State of Florida unless the creditor can show an obligation of both husband and wife.

Likewise, an asset solely owned by one spouse is not available to satisfy a creditor unless the same spouse is obligated to the creditor.

However, often when persons marry the husband or wife will give monies to their spouse to buy land or personal properties. If the spouse takes the title to the property in his own name, his judgment creditors may wrestle for control of the asset. More.....