New York Divorce Report - New York's Divorce and Family Law Blog

The Pennsylvania Family Law Blog poses the very practical question- what do to with a gift or inheritance received during a marriage? How can one insure that a gift to an adult child does not end up marital property subject to the other spouse’s claims? As the blog post points out, Generally, marital property means all property acquired by either party during the marriage, regardless of whose name it is in. An exception arises for property acquired by gift (except between spouses), such as an inheritance. In New York, the same rule applies. Provided the gift remains in the sole... More