Estate Law Questions? Ask an Estate Lawyer.
Good Morning - I live in Pennsylvania. Last spring, after my mother died, my father signed his property over to his four surviving children. Upon his death in the fall, his estate was given equally to these same four children through a last will and testament. This property has a cell phone tower on it and I am receiving lease payments every month from the phone company that owns it. Is my husband entitled to 1/2 of my payments
Response 1: No, he is not because it is not a marital property.
or is this considered inheritance property and can be kept separate from our marital property.
Response 2: Yes. See Pennsylvania Consolidated Statutes, Title 23 Section 3501.
Also, before my parents died, they had signed a lease with a Marcellus shale oil company - when the well is drilled and royalty payments start coming in - again would these payments be considered part of my inheritance and kept separate from our marital property?
Response 3: Yes.
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