Assets

Reading these posts brings up a lot of questions for me.

My husband has owned his mother’s house for over 20 years; since his father died. She had life long use. Will this be considered an asset to be shared if we divorce? My husband and I have been married for 42 years.

If he inherited the home it is his separate property.

If my husband’s mother put her home in my husband’s name after the death of her husband is that still considered an inheritance ?

It is a gift, which is the same as an inheritance.