How do I protect my inheritance from my husband?
One of the best ways to protect your inheritance is to keep it separate from all marital property. Don’t deposit it into an account you share with your spouse or use it to fund joint purchases.
Are inherited assets protected from divorce?
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.
Is my ex husband entitled to my inheritance?
In NSW there is no express entitlement of an ex spouse to a portion of your inheritance. In a perfect world, your will, will be distributed according to your wishes amongst the individuals stipulated within it. This would include, amongst others, a deceased person’s former spouse.
Is inheritance a conjugal property?
In absolute community, conjugal partnership of gains and complete separation of property, properties inherited during the marriage are excluded from conjugal property. However, inherited property forms part of conjugal property if you inherited prior to marriage and the estate was already settled.
Can future inheritance be included in divorce settlements?
Is inheritance included in the divorce settlement? Assets that are inherited can form part of the marital ‘pot’ and can be divided as such, especially if it is necessary to do so in order to meet the needs of your spouse.