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Divorce/separation

Here you'll find divorce help and support from other Mners. For legal advice, you may find Advice Now guides useful.

Divorce - emptying savings etc

6 replies

ILoveWelshCakes123 · 27/11/2019 22:53

My lovely colleague is separating from her husband and today he told her he's transfered all his savings and any other money he has into his sons account that can't be accessed until he is 18.

He is a high earner and pays all the bills. They both work but all her wages are hers apart from paying for food and stuff for their son.

She has no access to any accounts and has no clue about their mortgage, savings or anything in fact. She's let him do everything and is now feeling vulnerable.

He's told her she will have to move out with their son, and rent somewhere and he will get shared custody so he doesn't have to pay her CM. He's also refusing to sell their house.

She's spoken to a solicitor briefly but is waiting for him to make the move with the divorce. I think she should take action but she's happy to wait.

Where does she stand with the fact he's saying there is no money etc as it's in his sons account. Surely a court will see through that? She has nothing to set up a new home for her and her son so is understandbly worried.

OP posts:
NotSuchASmugMarriedNow1 · 28/11/2019 07:47

He can do what he likes with his money. If she wants to stop him transferring assets she needs to file for divorce and get a financial order issued.

Why is she waiting for him to make the move with divorce? He could do a lot of damage in the interim.

hardyloveit · 28/11/2019 07:50

If she's on the mortgage she doesn't have to move out! Courts will also see that he transferred all the money which I don't think is allowed.

PurpleWithRed · 28/11/2019 07:59

If he's going to play nasty she needs legal backup asap. She also needs to gather whatever financial information she can regarding the mortgage, value of house, savings (in whosoever names) and pensions. And she needs to state that they have been separated (even if living in the same house) since before he transferred any of 'his' savings into his son's account.

Yet another sad example of how not taking any interest or responsibility for finances in marriage can backfire badly.

LesLavandes · 28/11/2019 09:15

She needs to get a very good lawyer asap. Tell he not to wait!

user1486131602 · 19/12/2019 22:16

Go to a lawyer as soon as!
He can do what he likes with his money, but not their money. The taxman will tell the lawyers what’s going on etc, the court won’t like any form of deception.

mummmy2017 · 27/12/2019 11:50

CSA will make him pay a lot each month, start the claim now, he can't stop that.
Also don't miss be out, he can't make her, she owns half the house.

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