Legal Question in Family Law in Connecticut
I am solely named as a beneficiary in a will (not my spouse) and inherit a substantial sum of money. It is likely that I will be divorcing soon and the inheritance will take place prior to the divorce. If I keep the money in accounts only in my name, but use a portion to pay of PERSONAL (only in my name - my husband is not a cosigner or on the card) credit card debt acquired during the marriage (written from an account only in my name) - does the entire inheritance become "commingled"? If I use a portion for my children's college - does it become commingled?
1 Answer from Attorneys
It won't be "commingled", but that doesn't mean the court can't divide it in some fashion. That would be unlikely, since the inheritance will come shortly before the divorce is started (even better if the divorce papers have already been served by then), but the longer the inheritance has been received, the more likely it will be treated as marital property (I don't mean weeks, I mean years).