Divorce and inherited property – how to keep it.
Michigan compiled law 552.19 provides that inherited property is separate property because it is not acquired “by reason of the marriage”, however there are exceptions.
Tag: Inherited property
Marital and Separate Property? But my parents gave me the home . . .
In the case of Szcygiel v. Szcygiel, the husband challenged the trial court’s finding that a home acquired by the parties during the marriage by an inheritance was his wife’s separate property. The parties married in 1980 and had two children. The marital home was on one acre in Kingston, Michigan. The wife’s parents lived[…]
Gifted property and inherited property
As a general proposition, gifted and inherited property are not divided on divorce. The first step a Michigan divorce attorney takes in analyzing property division in a divorce case is to classify the property as marital or separate property. As a general proposition, property acquired by reason of the marriage or during the course of[…]