| NancyD |
| (Pooh-Bah) |
| 01/15/10 01:56 PM |
Re: What does commingled means?
|
When assets are inherited, they belong solely to that person. As long as your spouse held them in a separate account (or in the case of the real estate, did not put both names on the deed), they kept them unmingled and protected from divorce actions.
Seed money is money used to start something up, usually a business but could be any other venture or purchase or investment that is expected to grow and build equity.