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Donald Trump Jr.'s wife received large inheritance before divorce

President Donald Trump is not the only person in his family who has been in the news in New York recently. His son, Donald Trump, Jr., has also been in the news because his wife recently filed for divorce. The couple has been married since 2005 and have five children together. They also are very wealthy and apparently his wife recently came into even more money after receiving a significant inheritance from stock her deceased father owned.

While the inheritance itself will most likely remain with her in the divorce, the asset may have an effect on other financial aspects of the divorce. One of these aspects is that any income she earns off of the inheritance could affect child support payments or, potentially, spousal maintenance payments. However, the couple did sign a pre-nuptial agreement and the terms of that agreement will have much to do with the final settlement between the couple.

High asset divorces, such as the one that Donald Trump, Jr., and his wife are going through, can be very complicated. Even ones with pre-nuptial agreements can be complicated. Couples in this situation generally have many different types of assets in many different locations. They could own properties in different states and countries. They may have many different investments, businesses, stocks and stock options, retirement accounts, collectables and other valuable assets. Simply determining the value of all of the assets can be very complicated. Then, the couple will need to divide the assets and determine which assets are marital and non-marital, such as inheritances, like the one his wife recently received.

Many people in New York go through divorces each year, but their financial situations can vary greatly. Those with many assets tend to have more complicated divorces due to issues involved with discovering and valuing all the marital assets. This is in addition to the complications associated with child custody, visitation and child support issues. It is important that people understand the law for divorce and understand their rights.

Source: www.businessinsider.com, "Donald Trump Jr.'s wife filed for divorce soon after getting a windfall inheritance - and it could change the terms of their split" Eliza Relman, May 2, 2018

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