What's the status of comingled funds?


Each venue has different standards as to whether comingled funds are always community or separate, for the sake of marital dissolution. In Colorado or California, for example, even separate funds which are comingled in a joint account are presumed to be "gifts" to the marital property. Other states are less clear on this (like Michigan or New York) but still, because of the difficulty of tracing fungible assets, it's very rare that comingled funds can be characterized as separate assets.

David Foster, CEO BVR 1000 SW Broadway, Suite 1200 Portland OR 97205 Cell: 917-741-3853 Fax: 503-291-7955 www.bvresources.com

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