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Posted on 12/7/20 at 7:53 pm to nineteeneighty
[quote]Good point. In our state, it is just as much mine as hers...doesn’t really matter though, we have similar ideas on the money and have solid marriage [/
Georgia follows the same rule as LA and most community property states.
“The general rule in Georgia is that an inheritance will be viewed as separate property not subject to division upon divorce, unless the funds or property are comingled. ... Upon receiving the inheritance, wife places the funds in a separate account, and never mixed the funds with marital assets.”
Georgia follows the same rule as LA and most community property states.
“The general rule in Georgia is that an inheritance will be viewed as separate property not subject to division upon divorce, unless the funds or property are comingled. ... Upon receiving the inheritance, wife places the funds in a separate account, and never mixed the funds with marital assets.”
Posted on 12/7/20 at 8:28 pm to nineteeneighty
quote:
Good point. In our state, it is just as much mine as hers...doesn’t really matter though, we have similar ideas on the money and have solid marriage
Good to hear. Just wanted to point that out in the unlikely event you weren't already aware of the possibility. Good luck with the windfall. Sorry for your fam's loss but I'm sure your FIL would be proud to know his wise investment choices ultimately made a positive difference in his descendants' lives.
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