Family Law Blog

Will Inheritance Be Divided in a Divorce?

Friday, February 14, 2020

Aside from the emotional impact, one of the most difficult aspects of divorce comes from dividing the assets between you and your spouse. One of the lesser considered aspects of property division in divorce are items gained through inheritance. Is inheritance considered community property that must be split or is it considered separate property that you will solely retain?

Shared Property vs Inheritance 

In most cases, property gained during a marriage is considered shared property that you will need to split. However, inheritance remains protected as individual property no matter when you get it. This means you will usually retain ownership except in certain circumstances. There are two primary ways your inheritance can go from individual property to shared property.

Monetary Inheritance

The first way is if you had real estate and ended up adding your spouse's name on the deed. This would help them inherit it if you passed away, but also transforms it into shared marital property that will need to be divided in a divorce. The second way to lose inheritance in a divorce is if you got a monetary inheritance and deposited it in a shared bank account. If it were kept separate from shared money, then it would remain as individual property. However, once your inheritance commingles with the rest of your shared money, it is considered shared property. As such, don't just expect a judge to say you can take your inheritance amount out of the bank account since that would now be impossible.

Conclusion

Are you getting ready to start the process of divorce or have any other family law issue that needs legal representation? We can help. Contact us today to see what the Law Office of Jamra & Jamra can do to help you get the best possible results from your uncoupling while keeping it as stress-free as possible.