Is An Inherited Summer Home Considered Separate Property?

I inherited a summer home from my parents. Is this home still considered separate property now that we’re getting a divorce?

By John J. Gilligan
March 06, 2015

John J. Gilligan, a family lawyer in Long Beach, answers:

So long as the inherited property remains in your name alone and has not been transmuted to community property, it is still your separate property upon divorce.

John Gilligan is a founding partner at the family law firm offices of Brandmeyer Gilligan Dockstader & Davidson, LLP in Long Beach, CA. John has over 30 years of experience handling family law, probate litigation and estate planning matters. He can be reached directly at 562-431-2000 or thru email. View their firm online profile here.

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March 06, 2015
Categories:  Financial Issues|FAQs

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