Hello,
I received $100,000 in inheritance in California and I am married. If I get divorced, is the inheirtance conciderd community property. Thanks.
Hello,
I received $100,000 in inheritance in California and I am married. If I get divorced, is the inheirtance conciderd community property. Thanks.
An inheritance is considered to be separate property.
Quoting California Family Code, Sec. 770.
However, in order for it to remain separate property and not be transmuted, you need to maintain it in a separate account with your name only. Do not pay any marital expenses from the account.