Transmutation is a term used in family law to describe property that has been transformed from a party’s separate property into marital property in Massachusetts. In the context of equitable distribution, the term “separate property” refers to property that is owned by one spouse individually. A spouse’s separate property includes all property he or she owned prior to the marriage, acquired by gift from a third-party during the marriage, or received by inheritance.
Separate property is excluded from equitable distribution and is not subject to division between the parties. However, certain actions on the part of the owner of the separate property can occur that “transmute” the property into marital property or cause the property to become “mixed property,” property that has both marital and separate property components.
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Attorney Lazar is experienced in all aspects of equitable distribution, including those cases that involve high net worth, tracing of separate property, and complex legal issues.
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