Assets


#1

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.


#2

If he inherited the home it is his separate property.


#3

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 ?


#4

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