A: It depends. Under California law, the inheritance is initially considered separate property and would not be subject to an equal split in the event of a divorce. However, if you commingle the money by using it to create a joint bank account, a joint property or any other joint assets, you may be inadvertently converting your separate property inheritance into community property!
Q: Does my spouse have any right to the inheritance that I just received?
by Rose Law Firm of Napa Valley, Inc. | May 8, 2024 | Estate Planning, Q&A, Trust And Estate Administration |
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