If you've inherited property and money (inheritance), is your spouse entitled to any portion (property settlement)?
Inheritance - Is Spouse Entitled to a Portion?
- Thread starter Jennifer J
- Start date
Interesting question. I suppose its just income like any other. Separate accounts separate money.
G'day JenniferJ,
Unless you have a Binding Financial Agreement (see this LawAnswers Family Law Forum post), then that inheritance becomes part of the assets that would be considered if you and your spouse were to split. The Family Law Courts has an informative page 'Property and Money Matters'.
Unless you have a Binding Financial Agreement (see this LawAnswers Family Law Forum post), then that inheritance becomes part of the assets that would be considered if you and your spouse were to split. The Family Law Courts has an informative page 'Property and Money Matters'.
As a general rule of wills and succession, a gift to a beneficiary is to that person alone,
and a spouse does not, solely by virtue of being a spouse, acquire any interest in the gift.
Buuuuut, once you get into Family Law proceedings,
and the question becomes
whether or not the gift is part of the property to be settled,
then I agree with RebeccaG above.
and a spouse does not, solely by virtue of being a spouse, acquire any interest in the gift.
Buuuuut, once you get into Family Law proceedings,
and the question becomes
whether or not the gift is part of the property to be settled,
then I agree with RebeccaG above.
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