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    marksharp's Avatar
    marksharp Posts: 1, Reputation: 1
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    #1

    Dec 30, 2007, 09:19 PM
    Inheritance $ in a divorce
    I inherited a fair amount of cash and stock from my mother recently who passed away. My spouse and I are now divorcing. Is the inheritance considered my property and not community property? State is California.
    JudyKayTee's Avatar
    JudyKayTee Posts: 46,503, Reputation: 4600
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    #2

    Mar 20, 2008, 11:35 AM
    Quote Originally Posted by marksharp
    I inherited a fair amount of cash and stock from my mother recently who passed away. My spouse and I are now divorcing. Is the inheritance considered my property and not community property? State is California.

    California law: "Property acquired during marriage by "gift, bequest, devise, or descent" (i.e. inter vivos or testamentary gift or intestate succession) is the acquiring spouse's separate property. [Ca Const. Art. I § 21; Ca Fam § 770(a)(2)] "

    So, no, it's separate property.
    twinkiedooter's Avatar
    twinkiedooter Posts: 12,172, Reputation: 1054
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    #3

    Mar 20, 2008, 04:39 PM
    It's yours to keep. You don't owe her a dime.

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