Inheritances can be a bone of contention after a relationship breakdown. So, how are they dealt with? Inheritances are always viewed in the context of the case as a whole, so we also look at things like the length of the relationship, what other financial and non-financial contributions has each party made and if there are there children. I often hear people assume that they get their inheritance back dollar-for-dollar, particularly if they received it after separation. Whilst there are a small number of cases where that has happened, it is not a hard-and-fast rule and not even a default position. The most relevant factors are often:

– When was it received? Recent inheritances tend to be more relevant than older ones.

– How much was it? Larger inheritances tend to be more relevant than smaller ones. The size of the inheritance must also be compared to the value of the other matrimonial assets.

– How was it used? is it still in the bank, was it used to purchase assets, reduce a mortgage, holidays or for day-to-day expenses?

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