Inheritance after separation
When a relationship ends and a couple separates or gets divorced, one of the most difficult aspects that needs to be resolved is the division of property and assets of the relationship.
Property settlements can be difficult to resolve due to the emotional and upsetting nature of the breakdown of a relationship. Even when both parties can agree that a separation is the best move forward for them, it can still be a challenging time.
The division of your property and assets can be made even more contentious when inheritance is involved. Should the inheritance be shared between the parties?
Unfortunately, this is not a simple yes or no answer. The way an inheritance may be treated when a couple separates is dependent on a variety of factors and every case is different.
In this article, we’re going to discuss how inheritance and divorce works in the property settlement process, what factors can impact how it is treated, and what you can do to protect your inheritance.