S11 Ep08: Can Marital Funds Put Your Inherited Property at Risk?

#ChooseGoldman Inherited property can lose its separate status and become subject to division during a divorce if treated or managed like a marital asset. This video explains how actions such as moving the family in, using joint accounts, or funding renovations with marital money can legally transform an inheritance. • Marital property generally includes assets accumulated during the marriage, but separate assets like inheritances can sometimes be impacted. • Maintaining an inheritance strictly as separate property without joint actions typically allows the court to award it solely to the recipient. • Moving the family into an inherited home and using it as the marital residence for several years can be viewed as gifting the house to the marriage. • Depositing inheritance sale proceeds into a joint account or using marital assets for renovations creates a financial stake for the other spouse. • The court will evaluate marital contributions made toward improving separate property and may divide the asset accordingly during a divorce. Download Divorce & Custody Survival Guide. Click here: https://akivagoldman.com/free-legal-ebook/ Schedule Your Complimentary Phone Consultation: https://app.acuityscheduling.com/schedule.php?owner=17105687&appointmentType=18529428 Learn more in our blog: https://akivagoldman.com/blog/family-law/can-marital-funds-put-your-inherited-property-at-risk For more information: https://akivagoldman.com/michigan-family-law-attorney Visit us at https://akivagoldman.com/ #Goldmanandassociateslawfirm #ChooseGoldman #ChooseGoldmanLaw #InheritedProperty #DivorceLaw #MaritalProperty #SeparateProperty #FamilyLawMichigan Akiva Goldman  Michigan Family Law Attorney  Goldman & Associates Law Firm  ChooseGoldman.com