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Imagine this: someone inherits money from a life insurance policy while they're married, but then they go through a divorce. Does the money from that life insurance policy become part of the divorce proceedings? The answer isn't as simple as a yes or no. It all comes down to when the money was acquired and how it's treated during the marriage.

*Timing Matters: When the money or asset was acquired is crucial in divorce. If it came before the marriage, it's usually considered separate property and may not be divided. *Separate Property Status: If the asset came during the marriage but is considered separate property (like an inheritance), it might remain untouched in the divorce. *Avoid Commingling: If you want to keep the inherited money separate, don't mix it with joint accounts. Once you do, it might become subject to division.

The division of inherited life insurance payouts in divorce depends on factors like when the money was acquired and how it's treated during the marriage. To protect your assets, keep them separate and avoid gifting them to the marriage.  

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For additional information, watch these videos: How [Life Insurance Can Impact Your Divorce] - ChooseGoldmanlaw https://www.youtube.com/watch?v=AtLuFLtyAcA

Is There Any [Way To Make Sure Your Ex Pays Life Insurance Policy So It Doesn't Lapse] - MI Law https://www.youtube.com/watch?v=b71QxdIazug

For more information, read blog below: https://akivagoldman.com/blog/divorce/is-life-insurance-payout-thats-inherited-during-marriage-subject-for-division

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