Legal Question in Family Law in Ohio
Divorce , inheritance, and mortgage
I have received a large inheritance from my mother. My husbnad and I are in the process of buying a house, and plan to use my inheritance as a down payment. Should we ever get divorced, is there a way to legally protect MY investment? Thank you
Asked on 7/14/00, 2:42 pm
1 Answer from Attorneys
Gregg Manes
Gregg A. Manes, Esq.
Re: Divorce , inheritance, and mortgage
As long as the down payment can be directly traced to the inheritance, you are protected. An inheritance is a nonmarital asset and will not be included in the division of assets upon divorce.
Answered on 9/10/00, 9:31 pm
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