Understand Inheritance and Divorce
If you are wondering when an inheritance becomes marital property, it is important to understand the laws that govern the division of assets in Ohio.
In general, an inheritance is considered separate property and is not subject to division during a divorce. However, there are certain circumstances in which an inheritance can be considered marital property and subject to division.
For example, if you receive an inheritance and you use it to purchase a joint asset, such as a home, the inheritance may be considered marital property. Similarly, if you receive an inheritance and you use it to pay off joint debts or make improvements to a joint asset, it may be considered marital property.
If you are facing a divorce and you are concerned about the division of your inheritance, it is important to seek the guidance of an experienced attorney. At Doucet Co., LPA, our team of legal professionals can help you understand your options and determine the best course of action.
Don't let the stress of a divorce add to your burden. Contact Doucet Co., LPA at (888) 200-9824 to schedule a consultation with one of our attorneys. We are here to help.