That depends on what you did with your inheritance while you were married. If you put the money in a separate account in your sole name, and never mixed any of that money with marital money, then, chances are, you will not have to share that money with your soon to be ex. On the other hand, if you put the money into a joint account in both of your names, you may be deemed to have made a gift to your spouse of half of your inheritance. What’s more, if you already spent your inheritance during your marriage, it will be pretty much impossible to ever get it back.
Karen A. Covy, J.D. is a divorce attorney and family law mediator in Chicago Illinois . She is the author of When Happily Ever After Ends, How to Survive Your Divorce Emotionally, Financially and Legally.
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