In Tennessee, funds or assets inherited constitutes separate property meaning a Court cannot distribute any portion of it to your spouse in a divorce proceeding. This is in contrast to marital property which is any asset acquired during the course of the marriage regardless of how it appears on any title of interest. If you have received an inheritance and wish for it remain separate property, then it is important that you segregate those funds or assets from any joint account or application … [Read more...]
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Spouse is not entitled to inheritance as separate property in Tennessee
April 9, 2019 by Roland
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