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Divvying up assets in a divorce
UncleZen
Posts: 882 Forumite
Asking for a friend, no really, I am.
The friend is getting divorced. And his soon-to-be ex-wife, at some time in the past inherited her mothers house (I think she sold it). So, my question is. Is he entitled to some of that property windfall?
The friend is getting divorced. And his soon-to-be ex-wife, at some time in the past inherited her mothers house (I think she sold it). So, my question is. Is he entitled to some of that property windfall?
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How long were they married?
How long ago did she inherit the house?
Are your friends parents both alive or is there other other similar inheritance to make it equal?
Forty and fabulous, well that's what my cards say....0 -
Depends what has happened to the sale proceeds too. Where are they now?
Did she inherit the property during their marriage too?
Happy moneysaving all.0 -
That situation really annoys me. Tell your friend to leave his ex wifes mothers house alone (unless at some point she took half of his inheritance)UncleZen said:Asking for a friend, no really, I am.
The friend is getting divorced. And his soon-to-be ex-wife, at some time in the past inherited her mothers house (I think she sold it). So, my question is. Is he entitled to some of that property windfall?
Personally, I think it's such a pathetic and sad move on his part and anyone else who seems to see pound signs when it comes to the inheritance of a partner.0 -
How long were they married? >25 yearsHow long ago did she inherit the house? Not exactly sure, about 20 years ago at a guessAre your friends parents both alive or is there other other similar inheritance to make it equal? Both deceased Im afraidDepends what has happened to the sale proceeds too. Where are they now? Not sure, probably in a bank
Did she inherit the property during their marriage too? YesThanks for your helpful advice/opinion. The point here is that she says the house inheritance is out of scope. Im only asking the question. She is an accomplished liar, already stating that she has no pension, and wants half of his, when in fact its been proven that she has 2 pensions of her own0 -
OK, the starting point is that anything either of them has is 'up for grabs' and a court could include t.
In practice, courts may be prepared to treat inheritances differently, in certain situations. for instance:- Where the inheritance has continued to be kept separate from the matrimonial assets, and is still distinct and easily identifiable
- Where the inheritance was after, or very shortly before, the separation
- Where the parties reasonable needs can be met from the other assets, without needing to draw on the inheritance
However, the longer a marriage is, the less likely it is that a court will take into account who put what in.
All posts are my personal opinion, not formal advice Always get proper, professional advice (particularly about anything legal!)0 -
That's a very sweeping generalisation. I was just reading a thread where the wife wants to keep her inherited property but has not worked and lived off her husband's salary for 15 years. There are good reasons why a 50:50 split of all assets from a marriage is the usual starting point.burlingtonfl6 said:
That situation really annoys me. Tell your friend to leave his ex wifes mothers house alone (unless at some point she took half of his inheritance)UncleZen said:Asking for a friend, no really, I am.
The friend is getting divorced. And his soon-to-be ex-wife, at some time in the past inherited her mothers house (I think she sold it). So, my question is. Is he entitled to some of that property windfall?
Personally, I think it's such a pathetic and sad move on his part and anyone else who seems to see pound signs when it comes to the inheritance of a partner.1 -
In which case I'm guessing during the marriage both parties benefited from all inheritance, so I would have though 50/50 split of everything.UncleZen said:How long were they married? >25 yearsHow long ago did she inherit the house? Not exactly sure, about 20 years ago at a guessAre your friends parents both alive or is there other other similar inheritance to make it equal? Both deceased Im afraid
Had it only been her side that had died I wouldn't have thought she would keep that inheritance and the other would keep theirs.
As it happened 20 years ago, and they have been married that length I can't see how it's not a matrimonial asset. But then again I'm not a lawyer.....Forty and fabulous, well that's what my cards say....2 -
Sorry the 20 was a typo. Its 10 years - my bad0
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74jax said:
In which case I'm guessing during the marriage both parties benefited from all inheritance, so I would have though 50/50 split of everything.UncleZen said:How long were they married? >25 yearsHow long ago did she inherit the house? Not exactly sure, about 20 years ago at a guessAre your friends parents both alive or is there other other similar inheritance to make it equal? Both deceased Im afraid
Had it only been her side that had died I wouldn't have thought she would keep that inheritance and the other would keep theirs.
As it happened 20 years ago, and they have been married that length I can't see how it's not a matrimonial asset. But then again I'm not a lawyer.....Not everyone leaves an inheritance.It's possible the OP's friend's parents died leaving little of monetary value.1 -
True, that's why in 20 years both would benefit from all inheritance, either 1 parent, 2 parent 3 or 4 inheritances, or could just be 1 lot of inheritance, but in 20 years both would have had benefit. Had it been the last year, I think an argument could be made to keep it. But in so long I really think it would be classed as a matrimonial assetPollycat said:74jax said:
In which case I'm guessing during the marriage both parties benefited from all inheritance, so I would have though 50/50 split of everything.UncleZen said:How long were they married? >25 yearsHow long ago did she inherit the house? Not exactly sure, about 20 years ago at a guessAre your friends parents both alive or is there other other similar inheritance to make it equal? Both deceased Im afraid
Had it only been her side that had died I wouldn't have thought she would keep that inheritance and the other would keep theirs.
As it happened 20 years ago, and they have been married that length I can't see how it's not a matrimonial asset. But then again I'm not a lawyer.....Not everyone leaves an inheritance.It's possible the OP's friend's parents died leaving little of monetary value.Forty and fabulous, well that's what my cards say....2
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