While we are taught from a young age to share, especially in marriage, any inheritance you receive is an asset that should be safeguarded in the event of a divorce. To avoid compromising your family’s wealth, take precautionary measures:
- Retain documentation indicating that property was meant solely for you.
- Don’t comingle accounts that contain inherited assets with marital assets.
- Recommend family members make gifts through trusts, which can include specific provisions about asset transfers.
Though these recommendations might seem like you’re setting your marriage up for failure, it’s more about ensuring your family’s financial well-being during a time of transition.