Is inheritance considered in alimony?
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Is inheritance considered in alimony?
Although inheritances are not generally considered community property when dividing assets, they can be a factor in alimony awards. An expected inheritance is not used in deciding alimony awards. The logic behind this is simple: you can’t count on actually receiving any of this money.
Is there a statute of limitations on separation?
In simple terms the law allows 2 years from separation to bring a claim for property settlement or spousal maintenance. There is also provision in the Family Law Act for an extension of time if the Court is satisfied that there is hardship likely to be suffered if an extension of time is not granted.
Do I have to continue paying the mortgage if separated?
Paying the mortgage after separation After you’ve separated, it’s important to still keep repaying the mortgage on time, even if you’re still deciding what to do. A joint mortgage means you’re both liable for the mortgage until it has been completely paid off – regardless of whether you still live in the property.