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    rysco13's Avatar
    rysco13 Posts: 23, Reputation: 1
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    #1

    Oct 22, 2007, 10:05 AM
    Inheritance and divorce
    A friend of mine is about to go through a divorce. While he was married he inherited some money (check was in his name only). He deposited it into a joint account with his soon to be ex wife. Can she get her hands on the money? Or is is considered separate property even if it was deposited into an account with her name? Thanks for your help!
    RichardBondMan's Avatar
    RichardBondMan Posts: 832, Reputation: 66
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    #2

    Oct 22, 2007, 05:52 PM
    When you ask "can SHE get her hands on his money?", is SHE the ex or is SHE the fiancé? I think SHE, whoever SHE is, as long as SHE jointly owns the acct with your frined, can get her hands on his money. Might help is you could shed some light on which one you are talking about since the ex may be entitled to part of the acct by the divorce decree.
    famlee's Avatar
    famlee Posts: 79, Reputation: 6
    Junior Member
     
    #3

    Oct 22, 2007, 07:43 PM
    When you ask "can SHE get her hands on his money?", is SHE the ex or is SHE the fiancé? I think SHE, whoever SHE is, as long as SHE jointly owns the acct with your frined, can get her hands on his money. Might help is you could shed some light on which one you are talking about since the ex may be entitled to part of the acct by the divorce decree.



    Doesn't appear there is a fiancé. He inherited money while married, in his name only, deposited into a joint account with his wife and is now getting divorced. Is his wife entitled to the money or a portion of?
    s_cianci's Avatar
    s_cianci Posts: 5,472, Reputation: 760
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    #4

    Oct 22, 2007, 07:46 PM
    Generally any assets that are acquired during the marriage are considered joint property. Since the money was deposited into a joint account she has access to it.

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