S9 Ep82: Is an Inheritance Received During the Marriage Considered Marital Property?

#ChooseGoldman Attorney Akiva Goldman explains how an inheritance received during marriage is initially separate property but can become a marital asset through commingling or family use. This discussion clarifies the steps needed to keep these assets protected and the risks of using inherited funds for household purchases. • An inheritance is generally considered separate property when it is first received by one spouse. • Commingling inherited funds into joint accounts can cause them to lose their separate property status. • Using inheritance money to pay off a marital mortgage or buy family furniture often converts it into a marital asset. • Maintaining a clear paper trail and separate accounts is vital to proving the asset was never intended for the marriage. • Courts have the discretion to divide inherited property if it has been converted through family use or lack of documentation. 📞 (248) 590-6600 Call/Text 📅 For a Complimentary Phone Case Evaluation: https://app.acuityscheduling.com/schedule.php?owner=17105687&appointmentType=18529428 Click here to watch the video: https://youtu.be/PWSL3xnUyrE For more information: https://akivagoldman.com/michigan-divorce-lawyer ⬇️ Download Divorce & Custody Survival Guide. Click here: https://akivagoldman.com/free-legal-ebook/ Learn more in our blog: https://akivagoldman.com/blog/divorce/is-an-inheritance-received-during-the-marriage-considered-marital-property Visit us at ChooseGoldman.com #Goldmanandassociateslawfirm #ChooseGoldman #ChooseGoldmanLaw #MichiganDivorce #InheritanceLaw #MaritalProperty #AssetDivision #SeparateProperty #LegalAdvice #MichiganLawyer