[WSBAPT] Buying House with Inheritance

[Amy Goertz]

Good Afternoon -

I have a recent client who just inherited a substantial amount of money and a house, which we titled as her sole and separate property. She is using this home as a rental (it was already a rental; she kept the tenants).

She has the inherited money in a separate account from her community funds and she does not deposit community funds into the account.

She is now in the middle of a divorce and has a local divorce attorney helping her. Her husband does not have a place to live and client is contemplating using some of her inheritance to purchase another rental home for her soon-to-be ex to live in, but wants to ensure that the property is and remains her separate property.

Divorce attorney told her that she would have to have husband "sign off" on her purchase in order for it to be and remain her separate property. Is this accurate or ‘best practice’ advice?

Aside from the terrible idea of renting to her soon-to-be ex husband, would she be able to use her separate funds to purchase this property on her own while she is still married or would it require a signature from the husband to ensure the continuity of the separate nature of the funds?

Amy

Amy J. Goertz, J.D.
Goertz & Lambrecht PLLC
amyjgoertz at icloud.com <mailto:amyjgoertz at icloud.com> 

1.888.926.2607 phone
1.877.684.1627 fax

Address for correspondence:
2829 S. Grand Blvd., Suite 303
Spokane, WA 99203 

Additional office locations:
510 Bell Street
Edmonds, WA 98020

Goertz & Lambrecht PLLC
www.goertzlambrecht.com <http://www.goertzlambrecht.com/>







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