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hdhadenough
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Reged: 08/04/10
Posts: 3
Inheritance Invested in House
      #681591 - 08/10/10 07:47 AM

8 years ago I inherited a large sum of money which I invested in a "move up" home. As the checks came in some of them were deposited in a joint savings account temporarily while we looked for the new home. 100% of the down payment (roughly 1/2 the value of the house) came from funds that can be traced directly to my inheritance. Needless to say my H filed for divorce a couple of months ago and wants 1/2 the proceeds of the sale of the house. Given the depressed housing market, there has been no appreciation. The home is worth about what we paid per market analysis. I am asking for my original investment to be restored to me as my separate property. I live in Kansas. Do I stand to lose 1/2 my inheritance to this man?

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1004SRS
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Reged: 12/11/06
Posts: 5044
Re: Inheritance Invested in House [Re: hdhadenough]
      #688006 - 09/04/10 10:24 PM

How long were you married?

Most likely, unless he will work something else out with you, are out of luck. The house was joint marital property.


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