Most people wish to protect their inheritance if there is a divorce.
How are inheritances treated
Inheritances are treated differently to assets built up during the marriage. It isn’t usually considered to be a marital asset to be shared. However, whether it has to be shared depends on many different factors which include the length of the marriage, other contributions to the marriage and the other financial resources available following the divorce.
If the inheritance hasn’t yet been received it may not be taken into account at all or it may be possible to agree that this money should be excluded from the assets to be divided.
How we can help
At Harrogate Family Law we are specialists at protecting wealth and making agreements as watertight as possible. We will make sure that you achieve a settlement which meets your needs and is fair to you. We deal with complex arguments about inherited assets on a regular basis and are able to identify and combat all of the possible issues and pitfalls. As skilled negotiators, the vast majority of our cases settle outside of court so investing in our expertise could save you money in the long run.
To speak to one of our friendly solicitors for a free confidential chat give us a call today on 01423 594680.
Emma Doughty is family lawyer who provides straightforward, easy to understand advice. She is passionate about helping people and using her expertise to achieve the best outcome possible. She has been described by her clients as “tremendous and incredibly supportive”.
Everyone’s circumstances are different and this article is provided by way of general information only and must not be relied upon. If you require legal advice on a family law issue, please feel free to contact us by emailing enquiries@harrogatefamilylaw.co.uk.
