How are inherited assets treated in divorce?
How are inherited assets treated in divorce? On behalf of Stange Law Firm, PC posted in Divorce on Wednesday, March 16, 2016. For many parents and grandparents, a key goal of their financial and estate planning centers on being able to pass along wealth to their children and grandchildren. According to CNN, individuals who make up the baby boomer generation are expected to inherit a whopping $8.4 trillion dollars and a significant percentage of boomers indicate that they also intend to pass along wealth to their own heirs. For an individual who inherits wealth, it’s important to understand how inherited