My elderly parents gave me their car as a gift – it’s in my name only. How can I keep my husband from getting it in a divorce?
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My elderly parents gave me their car as a gift – it’s in my name only. How can I keep my husband from getting it in a divorce?
I live in Michigan. My husband took our car to live in another town for awhile. I
was without a car so my parents gave me their car as a gift. The title is in my
name only. Do I have to pay him half the value of the car if we get divorced?
He is 62 and getting social security. I am 58 and unemployed at the moment.
Asked on May 28, 2016 under Family Law, Michigan
Answers:
M.D., Member, California and New York Bar / FreeAdvice Contributing Attorney
Answered 8 years ago | Contributor
Typically, any assets acquired during marriage are considered "marital property" and subject to division in a divorce. However, there are exceptons to this rule. Inheritances and gifts are generally deemed seperate propety, even if acquired during the marriage.
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