Web9 okt. 2024 · An inheritance is not regular family property to be divided 50-50 in the event of separation or divorce. An inheritance is considered excluded property under the Family Law Act which means that it is not divided on a 50-50 basis in a family law claim for property division. Section 85 of the Family Law Act outlines the types of property that is ... Web17 jun. 2024 · While there is no hard and fast rule as to how the Court ought to treat prospective inheritances, the courts have approached the issue by taking into account: the size of the inheritance; the likelihood of the inheritance being received; the time at which the inheritance is likely to be received. The most well known case in relation to the ...
Divorce Property Division: How Inheritances are Handled
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