– from Johnny H. in Addison, WI
I received a gift from my parents in terms of a cottage up north near Eagle River. The property to the title is in my name and I have continuously maintained the cottage and preserved it. My wife and I are filing divorce. She wants the cottage included in our marital assets, but since it’s a gift, I don’t think it should. What factors do courts look at when deciding if an asset is a gift or not within a marriage?
Family Law Attorney