Legal Question in Family Law in California
My wife inherited 80K from her parents while we were married. We invested that money in real estate and lost it. She is claiming that I need to pay her the 80K. True or false?
1 Answer from Attorneys
Tracing separate property and community property funds when used to acquire joint assets, and what happens to the character of the investment and the invested funds, is one of the most complex sets of issues in Family Law. There is absolutely no way to begin to answer your question with the bare-bones information you give, and unless the additional facts and circumstances are unusually simple, there is no way you could write up a question that could be answered over any internet Q&A service. This would have to be discussed in person with an attorney who could ask questions and review any relevant documents before giving you an opinion.