Evidence established that wife’s inheritance was marital property; although wife testified that her inheritance was deposited into her “separate account” and was titled jointly only for “emergency” purposes, family court found wife’s testimony was not credible, husband testified the parties deposited wife’s inheritance into a joint account with the intention that the money would be the parties’ nest egg, and because it was their nest egg, husband stated the parties agreed to only use that account when they needed additional money to pay household bills, account was titled in both parties’ names, and parties’ use of wife’s inheritance to pay household bills and family expenses demonstrated these funds were used in support of the marriage, and parties had used entirety of husband’s inheritance to build their marital home.
Laura W. Morgan is the owner and operator at Family Law Consulting in Charlottesville, Virginia. Laura is available for consultation, brief writing and research on family law issues throughout the country. She can be reached through her website. www.famlawconsult.comPublished on: