Meet the Other Phone. A phone that grows with your child.

Meet the Other Phone.
A phone that grows with your child.

Buy now

Please or to access all these features

Relationships

Mumsnet has not checked the qualifications of anyone posting here. If you need help urgently or expert advice, please see our domestic violence webguide and/or relationships webguide. Many Mumsnetters experiencing domestic abuse have found this thread helpful: Listen up, everybody

divorce

4 replies

RachaelOB · 05/01/2011 16:56

My husband and I are separating.My family want to put some money into my newly set up account in order to help me out.Can my husband have any access to this money now or in the future.he earns a significant amount of money whereas I earn very little.I do not want my parnets to lose their money to him.

OP posts:
wannabesybil · 05/01/2011 17:06

Until you are finally divorced and have a clean break order and a decree absolute, all money given to you is assets of the marriage, as it would be if you won the lottery or inherited a sum.

Is there any way that they could perhaps give you a sum in cash or set up an account in their name which you can access?

Incidentally it works both ways - if he won the lottery now you would have a claim. Of course, if he didn't know about it then he is unlikely to claim anything from it, and as he has significantly more then there is unlikely to be an award from that money to him.

I would be wary about doing this, if you think your husband is likely to chase every penny, without professional legal advice.

hth

QueenStromba · 05/01/2011 17:30

I agree, you should ask your family if they can set up an account in their name and give you the bank card for it. Failing that maybe they could just give you money as and when you need it or set up a standing order to give you money once a week or whatever.

susiedaisy · 06/01/2011 20:28

yep i second that, ask your parents to put some aside in a different account, as any savings in your name will be taken into account for any legal aid help, and in the actual splitting of assets, ask them if they could just drip feed you with cash as you needed it if they had a set amount in mind that they were happy to part with,

DottyBag · 06/01/2011 21:03

I am seperated and sought legal advice, and the solicitor told me that the crucial date is the date of seperation, so that in the event of divorce your financial assets are taken from the date of marriage to the date of seperation. Except the house, which is taken at current market value.
I live in scotland so maybe the law is different here though.

New posts on this thread. Refresh page
Swipe left for the next trending thread