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12-07-2007, 08:08 AM
| | Member | | Join Date: Jul 2007
Posts: 290
| | | Wife gets inheritance in Nevada
What is the name of your state? Nevada
Does anyone know what the law is regarding money inherited by a spouse in Nevada - the marriage is going down hill now that the money is getting ready to be dispursed... its millions... if they divorce - does he get half? |
12-07-2007, 08:39 AM
| | Senior Member | | Join Date: Jul 2005 Location: Massachusetts
Posts: 11,205
| | Quote:
Originally Posted by yolandanewell  What is the name of your state? Nevada
Does anyone know what the law is regarding money inherited by a spouse in Nevada - the marriage is going down hill now that the money is getting ready to be dispursed... its millions... if they divorce - does he get half? | Probably not...Unless the wife co-mingled her inheritance and, from your posting, that does not seem to be the case.
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12-07-2007, 08:44 AM
| | Member | | Join Date: Jul 2007
Posts: 290
| | | Meaning?
... if she utilizes any of the money to support the marriage?
i googled and that is the definition that I THINK I'm getting of commingled inheritance |
12-07-2007, 09:12 AM
| | Senior Member | | Join Date: Apr 2007 Location: Somewhere over the rainbow
Posts: 6,084
| | | Inheritance is seperate property in every state in the union. Spouses have no right to inheritance.
If for instance, she uses part of the inheritance to buy a house, then the house becomes community property (if NV is a community property state), but if the money stays in a separate account, it belongs the separate property of the spouse.
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CC's rule of life #1.2:
Parents: If you give your children the opportunity to learn how to live without you, don't be mad years from now when they do. In order to have a relationship with your children, you have to stay INVOLVED with your children. At all costs, even if it makes the CP or your kids mad. |
12-07-2007, 09:35 AM
| | Member | | Join Date: Jul 2007
Posts: 290
| | | Got it!!
I'll let her know! Thank you for the help...
Money really is the root of all **** isn't it? |
12-07-2007, 09:46 AM
| | Senior Member | | Join Date: Apr 2007 Location: Somewhere over the rainbow
Posts: 6,084
| | | If the person getting the inheritance is a friend of yours and you know them personally, then do them a favor and tell them this.
If they know for sure that the marriage is going downhill, then when the money comes, open a separate account with that person's name only.... and NEVER pay joint bills, doing buy anything jointly, etc. with it.
Keep it away from the marital assets. Period.
__________________
CC's rule of life #1.2:
Parents: If you give your children the opportunity to learn how to live without you, don't be mad years from now when they do. In order to have a relationship with your children, you have to stay INVOLVED with your children. At all costs, even if it makes the CP or your kids mad. |
12-07-2007, 09:51 AM
| | Member | | Join Date: Jul 2007
Posts: 290
| | | Willlll do!!
Thanks again... I've also given her this website so that she can ask her own questions.. the money will be released (well.. is SUPPOSED to be released) soon - she's a little, no A LOT lost and admittedly scared -- she feels she needs to find an accountant and an attorney - all new to her... | |
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