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LSDefine

Simple English definitions for legal terms

comingle

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A quick definition of comingle:

Term: COMINGLE

Definition: Comingle means to mix things together, like money or property. For example, when a husband and wife combine their money, they are comingling their funds. This can also happen when someone who is responsible for taking care of someone else's money mixes it with their own. This is not always a good thing, and it is important to keep track of who owns what.

A more thorough explanation:

Definition: Comingle (also spelled commingle) means to mix together different funds or properties into one mass. This can happen when a spouse mixes their separate property with marital or community property, or when a fiduciary mixes their personal funds with those of a beneficiary or client.

  • A husband and wife have separate bank accounts, but the husband decides to transfer money from his account into their joint account. This is an example of comingle.
  • A financial advisor manages the investments of several clients. Instead of keeping each client's funds separate, the advisor puts all the money into one account. This is an example of comingle.

These examples illustrate how comingle involves mixing different funds or properties together. In the first example, the husband's separate property (his money in his account) is mixed with the marital property (the joint account). In the second example, the clients' funds are mixed together instead of being kept separate.

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MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
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