Inheritances can be a significant source of financial security, and it’s important to understand how they are treated during a divorce. In this video, Pier Law and Mediation in British Columbia explain whether your spouse is entitled to your inheritance and how inheritances are handled in property division.
By the end of the video, viewers will understand the general rules regarding inheritances in a BC divorce and the steps they can take to protect their inherited assets.
Contact a British Columbia Property Division Lawyer
If you are concerned about protecting your inheritance in a divorce, call Pier Law and Mediation at 604-560-8285 or contact us online for a consultation. Our experienced British Columbia property division lawyers can help you understand your rights and ensure your inheritance is protected.
Property Division FAQ
- Is my spouse entitled to my inheritance in a BC divorce? Generally, inheritances are considered excluded property and are not subject to equal division, provided they are kept separate from family assets.
- What happens if I co-mingle my inheritance with family assets? Co-mingling can complicate the exclusion status of the inheritance, potentially making it subject to division during a divorce.
- Are increases in the value of inherited property subject to division? Yes, any increase in the value of the inherited property during the marriage may be considered family property and subject to division.
- What documentation should I keep to protect my inheritance? Keep records such as the will, probate documents, and bank statements showing the inheritance was kept separate from family assets.
- Why should I seek legal advice regarding my inheritance in a divorce? Legal advice can help ensure your inheritance is protected and your rights are upheld, especially in complex cases involving property division.