Legal Question in Family Law in California
Want to save my inheritance during divorce
hi i have been married for more than a year now. My parents have sent money from overseas to invest in real estate etc. They wired this money in our joint account. I want to know in case of divorce how can i protect the real estate that i have bought with this gift that my parents sent me.
Asked on 10/26/08, 8:28 pm
2 Answers from Attorneys
Phillip Lemmons, Esq.
Phillip Lemmons APC, Attorneys at Law
Re: Want to save my inheritance during divorce
By keeping very good records. It would also help to get your wife to sign an agreement recognizing those funds as separate gifts from your parents. Do not commingle those funds with community assets.
Answered on 10/27/08, 8:41 pm
Ryan P. McClure
The Law Offices of Ryan P. McClure
Re: Want to save my inheritance during divorce
There might already be an issue if the funds have been co-mingled.
Answered on 11/04/08, 2:17 am