Legal Question in Civil Litigation in Florida
florida in joint tenancy if one party is sued is everything they own together at risk or only what one party is named to.....
2 Answers from Attorneys
In general, the Florida "joint tenancy by the entireties" assets of a married couple cannot be reached by a creditor which has a claim against only one spouse.
To be considered "joint tenancy by the entireties", an asset must have been purchased during the marriage, among other things.
It can be tricky to determine whether an asset qualifies for that treatment, so you should check with an attorney.
Robert Wilcox
(904) 281-0700
See my website under garnishment re this issue. Want to know the law? Sign up for our free newsletter on varies areas of the law by sending an email to [email protected] and requesting the newsletter, or go to www.ConsumerLawyerHelp.com. See www.FL-PI-Lawyer.com for your personal injury needs.
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