Conway v. Conway
A court can award one party a portion of the other party's inheritance from his parents' estate. The parties married in July 1997 and have one minor child. The husband earns $85,000 gross per year and a bonus of approximately $14,000 at General Reinsurance Corp. The wife earns $65,000 gross per year as a public school teacher. In 2006, the husband received an inheritance in the amount of $1 million from his parents' estate. The parties consulted a financial planner and placed money in 529 accounts for the minor child's college education. They also used part of the inheritance to purchase a residence. The court ordered the husband to pay child support of $192 per week and 50 percent of unreimbursed medical expenses. The court ordered the parties to sell the marital residence and to divide equally the net proceeds of sale. The court awarded the wife her individual retirement account and teacher's pension. The court ordered the parties to equalize the husband's investment and pension. The court awarded the wife 25 percent of the remainder of the husband's inheritance, which is valued at approximately $531,760. The court awarded the wife the Subaru and the husband the Mazda and the Alfa Romeo.