Full question:
My son is in prison in another state, his wife has filed for Divorce. She just won a large sum in a lottery and she has inherited a home from her grandmother. Does he have any rights to these assets in a divorce settlement?
- Category: Divorce
- Subcategory: Property Settlements
- Date:
- State: Tennessee
Answer:
Tennessee follows "equitable distribution" laws for divorce. This means property and debts are divided fairly but not necessarily equally. Inheritances are usually considered separate property, as are lottery winnings from tickets purchased during separation but before divorce.
When dividing property, the court considers several factors, including:
- The duration of the marriage.
- The age, health, job skills, employability, earning capacity, and financial needs of both spouses.
- The contributions each spouse made to the other's education or earning potential.
- The ability of each party to acquire future assets and income.
- The contributions of each party to the marital or separate property.
- The value of each party's separate property.
- Any other factors necessary for a fair distribution.
This content is for informational purposes only and is not legal advice. Legal statutes mentioned reflect the law at the time the content was written and may no longer be current. Always verify the latest version of the law before relying on it.