I received a small inheritance from my parents after they passed away. I placed it into a personal account in my name only. The funds were never commingled. Is my wife entitled to any of these funds? I live in Florida.
Generally, an inheritance is a non-marital asset and is not subject to equitable distribution. However, if you place the funds into a jointly titled account or otherwise commingle the funds, then they may be. If you are truly uncertain if any actions you have taken have placed the funds at risk, you should consult with an attorney.
It sounds as if you did NOT donate the inheritance to the marriage, so you have a very good chance of keeping the funds as your separate property. Good luck.
No, as long as you have kept it completely separated, you have what is known as a "special equity" in those funds because they came from somewhere totally outside of the marriage.
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