Primarily servicing the greater New York City metropolitan area



LEONARD M.WEINER, ESQ, Ph.D.
DIVORCE SOLUTIONS
206 East 38th Street
New York, N.Y. 10016
(212) 370-1660

FINANCIAL ISSUES - MARITAL PROPERTY V. SEPARATE PROPERTY

Question #326:
My husband and I are divorcing after almost 25 years of marriage. About 12 years ago he inherited about $45000 which we used to redo our kitchen. How will that affect the financial split ? We live in upstate NY.


Answer:


If the property is held in both your names, your husband made a gift to you of half his inheritance
And should not be able to claim the entire contribution . If the property is held in his name only which he acquired prior to the marriage or with funds he had prior to the marriage,
the $45,000 Investment and the property belong to him.

If you wish to discuss mediating your divorce, please contact me .

Leonard Weiner, Esq./Divorce Solutions
212-370-1660
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