Is generally considered separate property if received by one spouse during the marriage. This means it's typically not subject to division during divorce proceedings. However, if inheritance funds are commingled with marital assets or used for the benefit of the marriage, they may lose their separate status and become subject to equitable distribution. Inheritance and Divorce in New York Courts in New York aim to divide marital property fairly, considering factors like each spouse's financial situation, duration of the marriage, and contributions to the marital assets.