Legal Question in Family Law in California
Inheritance as sole and seperate property
my wife and i are getting divorced. we have about $200,000.00 equity in our home. The $160,000.00 we put down when we bought the house 14 months ago was from my fathers inheritance to me. He gave it to us two months before he died knowing he was going to die soon and wanted to come live with us until that time. Does the law of the inheritance belonging to me as sole and seperate property still apply even though he was not dead yet?
Asked on 12/26/03, 5:23 pm
1 Answer from Attorneys
Donald Holben
Donald R. Holben & Associates, APC
Re: Inheritance as sole and seperate property
If money given to you as your separate property, it is your separate property. If given to both of you as you indicate, may be considered community asset.
Answered on 12/29/03, 11:24 am