Divorce and Family Law Attorney

50 Northcrest Drive, Council Bluffs, Iowa 51503

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Property in your Divorce:  Part III -How are gifts and inheritance treated?  Usually, they go to the person that received them. Unless…

By Dec 8, 2017 Posted in Articles

 

The Iowa law says that gifts and inheritance that a divorcing spouse received before or during the course of the marriage are the separate property of the person who received them and will be treated as his/her separate property.  That would mean that they are not part of the “marital assets” that can be divided in the divorce case.  There is, however, an exception to this rule that the courts have the ability to use if the courts feels the facts are such that the case would require the property to be divided in the divorce.  It is important to talk to a family law attorney to help you determine if this exception can potentially apply in your situation.  Should you require additional information on this topic, please feel free to contact Simpson Legal Group, LLC at (712) 256-9899.  

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50 Northcrest Drive, Council Bluffs, Iowa 51503
Phone: 712.256.9899

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