Does a will still stand after divorce?
Does a will still stand after divorce?
Unlike divorce, marriage separation does not have an effect on your Will. In some jurisdictions, divorce will automatically render your Will invalid. In others, divorce will simply revoke your former spouse as your executor or any gift left them.
Do I have to tell my ex or the court if I receive a large inheritance?
Answer: Generally, unless there is a court order telling you that you have to make a payment to your ex, you are under no obligation to do so. In other words, your ex could possibly have a claim that if you inherited a large sum of money, you now have more money available for child support or alimony.
How does divorce affect inheritance?
Generally, inheritances are not subject to equitable distribution because, by law, inheritances are not considered marital property. Instead, inheritances are treated as separate property belonging to the person who received the inheritance, and therefore may not be divided between the parties in a divorce.
How do I trace a separate property in a divorce?
The key to proving separate property is documentation and showing a paper trail to trace your separate property. Tracing is the method used when your original separate property has changed form, been exchanged, or sold during your marriage, resulting in you owning different property at the time of divorce.
