No. of Recommendations: 0
As I understand it, in my state this would not be an issue as long as the daughter kept her inheritance titled separately - no putting the hubby's name on it. Different states certainly have different rules, to be sure.
=======================================
It's even true in most community property states, as I understand it. It's certainly true in Wisconsin, where I live, and I believe it's true in most others. Inherited property remains the individual property of the heir. It MAY be "tainted" and all or part may be converted into marital property, if it is commingled with other assets. (e.g., if you use the inheritance, along with other assets, to buy a house titled in both your names, that may do it.)

Bill
Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.