Q: We are trying to settle out of court but differ greatly on the division of marital and non marital assets.
Spouse 1 - pension of $5900/month
Spouse 2 - pension $5200/month
Marital Property/Assets = $1,000,000
Spouse 1 - $360,000 in non marital funds thru inheritance
Spouse 2 - will receive $100,000 in inheritance from parents life insurance policy within the next 10-15 years.
What would the court likely decide on the division of marital assets if this were to go to court? Would the non marital assets ($360,000) become a part of the decision?
A: I do not know what your question is, but one thing is for sure: Spouse Two's $100,000 "inheritance" does not matter in any way until it is received.
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