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I'm married and received an inheritance during marriage that is my separate property. I want to use the money to buy an apartment complex. What is the best way to maintain the separate property character of this property, if possible?
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The inheritance should be kept in a separate bank account and not-commingled with your community funds. Your wife should also sign a quitclaim deed simultaneously with your purchase of the property.
Thanks,Jon
Answered on Apr 14th, 2014 at 5:39 PM