Revocable Inheritance Trust: Inexpensive Divorce Protection

Originally posted on Forbes.com

So you’re married. You received a gift from Aunt Jane while she was alive. Your dad bequeathed you a generous sum of money on his passing. Those gifted and inherited assets in many instances will be considered “separate property,” not marital property. That might mean that they might not be subject to division if you divorce. But perhaps you want to backstop that hoped for result to make the protection more likely to stick if your marriage doesn’t work out. You can accomplish that, but you have to take action.

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