Timing is everything… or is it?
Article by Manny Wood published in the Coffs Coast News Of The Area on 17 May 2024. After twenty years together, David and Wendy’s marriage breaks-down and they decide to get divorced. Prior to David and Wendy’s relationship breakdown, David’s father passes away and he receives a significant inheritance of $500,000. David’s inheritance complicates the upcoming property settlement as Wendy believes that she is entitled to a 50% share. This windfall becomes a central point of contention as the couple untangle their finances. The question of whether Wendy has a claim to David’s inheritance isn't a simple yes or no, it depends on when David received the [...]