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How Are Vacation Homes Treated in a Divorce?

In Alabama, vacation homes and other real properties that either spouse acquires during the marriage are marital property. The court will divide these properties equitably. This means the value of the properties is divided between the parties, but an entire property may be awarded to one spouse to offset another asset.  If two spouses bought …

Prenuptial Agreements and Inheritance

Typically, a prenuptial arrangement is not needed to secure an inheritance in Alabama. Cash or residential property received from an inheritance are only the residential or commercial property of the partner who received them. The products are labeled separate residential property. The court in a divorce will certainly not normally split an inheritance for one …

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