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Effective August 1, 2022, the Law Office of Marla Zide has merged with the Law Office of Kelley Spigel. Click here to learn more about ZSTS!
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How can you protect your inheritance?

On Behalf of | Aug 22, 2022 | divorce

If you are married and you are going to receive an inheritance, there are some important considerations to make if you are interested in protecting your inheritance, whether or not you are expecting to divorce.

You may not consider that it could end in divorce during your marriage. Most people do not want to think about the marriage ending, but in reality, it is always possible. On the cusp of divorce, you may worry about your financial health. If you have a large inheritance, you want to keep the money in your family, not give it to your spouse.

You may want to consider a postnuptial agreement

Postnuptial agreements occur after you marry and protect your assets in case of a divorce. You can input your inheritance as money your spouse cannot touch after the divorce. In addition, your postnuptial agreement can include decisions about alimony, maintenance and other payments that may come up during the divorce. You should consider a postnup if you feel your spouse is irresponsible with money and could damage your inheritance.

If you receive an inheritance while married, you may have to worry about the court calling it marital property. However, if you have a postnup that includes the inheritance, you may be able to protect it.