Actually my friend is married and he is about to separate from his wife, he won the lottery, we are wondering if it needs to be split in between the two of them or not???
2007-01-17 08:58:38 · 16 answers · asked by Isabel 1 in Family & Relationships ➔ Marriage & Divorce
any property, money etc. acquired during the marriage is joint property. ..unless there was some kind of pre-nuptial aggreement etc...
(*IF she doesnt know he won......maybe he can get away with it......)
2007-01-17 09:08:17 · answer #1 · answered by STARZ 5 · 0⤊ 0⤋
All the money made by both parties during the marriage need to be split 50-50% at the time of divorce. Until the divorce papers are signed by the judge, the are still married.
2007-01-18 00:47:01 · answer #2 · answered by kenneth h 6 · 0⤊ 0⤋
If he declares it it will have to be split. I would say hold onto the ticket and only cash it just before the 6 month expiry date by which time the divorce will have been finalised. Or he could put the money in a joint account with you and you could say thatyou won!!!!!!!!!!! I always thought of this problem but I only won a tenner three times!! before we were divorced.
2007-01-17 17:04:30 · answer #3 · answered by Closed Down 4 · 0⤊ 0⤋
Any money or possesions that were bought, earned or "WON" during the course of the marriage has to be split
2007-01-17 17:03:13 · answer #4 · answered by Sassyface 2 · 0⤊ 0⤋
it would be the right thing to do.if he doesnt she will sue him anyway as the ticket was ? bought with joint money.sharing now will be a lot easier in the long run.
a marriage is a partnership,but it may depend on how long they were married,either way i believe she would have a rightful claim to half.
2007-01-17 17:04:32 · answer #5 · answered by Anonymous · 0⤊ 0⤋
If they live in a state that recognizes COMMUNITY PROPERTY LAWS, then yes, she's entitled to one-half of what he wins. She is also liable for one-half of any tax owed on the winnings.
2007-01-17 17:05:55 · answer #6 · answered by Starla_C 7 · 0⤊ 0⤋
Sure does, theyre still legally married so this constitutes marital finances. It would have come out if they were divorcing instead of seperating
2007-01-17 17:02:48 · answer #7 · answered by Arthur W 7 · 0⤊ 0⤋
if they are legally married at the time he won, she has the right to demand a share of the $$.
2007-01-17 17:03:25 · answer #8 · answered by Anonymous · 0⤊ 0⤋
Yes if they live in a community property state.
2007-01-17 17:06:27 · answer #9 · answered by Julie 3 · 0⤊ 0⤋
In the State of Texas, you would have to split it.
2007-01-17 17:06:00 · answer #10 · answered by Steph 3 · 0⤊ 0⤋
Yes - All property held during the marrage is community property.
2007-01-17 17:04:25 · answer #11 · answered by marilynn 5 · 0⤊ 0⤋