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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.

Child's money

5 replies

Iwillsurvive2023 · 30/03/2023 12:22

We started talking about the divorce. I have 70k saved up for the future of my child as she needs special support. Half of it is in her premium bonds, half is in my premium bonds. He doesn't know about the money because I always knew I will need it one day. I didn't trust him and I was right. How do I make sure he doesn't have half of it in divorce settlement? Can I hide it somehow? He didn't contribute towards the money - I saved it the hard way. Please please help! I am desperate. Thank you so much!

OP posts:
millymollymoomoo · 30/03/2023 12:41

You need to declare your premium bonds but not those in her name

then put forward your case as to why they should not be shared

Sprig1 · 30/03/2023 12:42

You can't, it usbpart of the marital pot.

isthistheendtakeabreath · 30/03/2023 18:21

Move the other half into her name. On the D81 form it asks what money the children have so just put it in that column.
I have money set aside for my twins insane childcare bills. The account is in their name in the tax free childcare system. your STBEXH would have a hard job arguing that he is entitled to a share of your child's money if it's in her name and set aside for a specific reason (like childcare on my situation and care needs in yours)

Iwillsurvive2023 · 31/03/2023 08:54

Thank you all. I will move everything into her name. What should I look at - savings account/child trust fund? I can't move any more into premium bonds. Do I need to declare her savings when we do financial declarations? What happens if I don't say anything about it? Thank you so much for your help, really struggling with it all!

OP posts:
ElfDragon · 31/03/2023 12:40

I am divorcing, and have disabled children. One will require lifelong care.

I had to declare everything (not that I had much), and the case was looked at on a ‘needs’ basis, rather than a standard separation. It was accepted that I will need ‘extra’ in order to be able to provide care for dc, for long after when standard child maintenance would stop.

it is really difficult. I know exH has lied and prevaricated, fudged the truth, multiple times. I have done everything by the book, and declared everything. The judge was incredibly fair, and batted back any suggestion that dc’s money (I am PIP appointee, and the money is paid into an account that I have control over) was actually money that should be in the standard pot (dc is 19, so the money is very clearly theirs), and only counted assets that were actually mine, despite exH lobbying hard for dc’s savings to be counted too.

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