Inherited and Other Assets on Divorce


“Matrimonial assets” mean property which is acquired during the marriage by one or both spouses through their own hard work and own efforts.

It does not mean:

  • inherited property
  • gifts provided to one of the spouses
  • property or assets  acquired before the marriage

Inherited property, or assets acquired prior to marriage, might be dealt with differently by the court in cases where there are sufficient other assets available for distribution.

There may be  good reason to depart from equality of division of assets and leave these assets ring fenced. In practice, this is only going to happen in big money cases.

In most cases, there is simply not enough money available for distribution upon divorce. To achieve a fair outcome, inherited property, gifted property and property acquired before the marriage must fall within the “matrimonial pot” for distribution.

The court is not likely to take into account the likelihood of one of the parties inheriting assets in the future, unless that inheritance is likely to take place in the foreseeable future.

More Information

For more information about how we can assist you with a potential financial issue please visit our services page here.


How We Can Help


A member of our specialist team will be happy to help.

To discuss Inherited and Other Assets on Divorce issues, please either use the contact form on the right, email us at lawyers@myerson.co.uk or call us today on +44(0)161 941 4000 to speak to a member of our team.

MSI Global Alliance


Myerson is the Manchester and Cheshire law firm member for MSI Global Alliance, a top 20 ranked, international association of professional firms.

Learn more...

Clients


Myerson act for a wide variety of clients across various sectors.

Learn more...

Testimonials


Read what a selection of our clients have to say about us.

Learn more...

Myerson Promise


We proudly offer our clients a promise which is at the cornerstone of everything we do. We always keep your specific concerns at the forefront of our minds.

Learn more...

Myerson Solicitors LLP
Grosvenor House, 20 Barrington Road, Altrincham, Cheshire, WA14 1HB
Tel: +44(0)161 941 4000
Solicitors Regulation Authority
MSI Global
Law Society
Legal 500