Divorce papers will be filed March 1st. From that day on can I start opening seperate bank accounts and Buy stocks and keep it seperate property?? It was my understanding that from the day the papers are filed, that entitles me to to keep any money/stocks from being considered community property. If anyone knows, please respond.
2007-02-25 12:38:25 · 9 answers · asked by Anonymous in Family & Relationships ➔ Marriage & Divorce
yep, don't do anything until it's over and finalized! They'll get half if you do...
Tori
2007-02-25 12:41:36 · answer #1 · answered by Incognito 6 · 0⤊ 0⤋
Absolutely NOT! Don't listen to back yard lawyers! If you mess with any money, transfer funds, invest (win or lose), whatever, you chance a mean response from the judge! You can consider community property shared all the way till you sign the final papers. Sometimes with a real good lawyer, she can even nab some $'s after the divorce is final. All she needs is a good lawyer, and show you made a ton of $ too soon after the divorce, which implies hidden $'s. My advice is don't listen to me either. I'm a pro driver, get in touch with a real lawyer! No surprises equals less stress!
2007-02-25 12:53:56 · answer #2 · answered by delux_version 7 · 0⤊ 0⤋
I don't know if the law varies from state to state but you might want to consult an attorney on that, because I know here in New Mexico, if you file for divorce, both parties are bound by a TDO (Temporary Domestic Order) which orders both parties not to enter into any further credit contracts (like opening any new credit card accounts, etc) but I'm not sure if it applies to bank accounts where you don't owe anything. If I was you, I'd wait till it's finalized...
2007-02-25 12:44:42 · answer #3 · answered by Perplexed 3 · 0⤊ 0⤋
Better check with local attorney .if it was during the marriage it becomes a issue even if you hid it .till after the divorce is final.If prov-en you could have problems.Better find out first...I believe it's called disclosure all property & moneys, stocks bonds,etc.There is a paper trail,With dates on them.So they can be found.
2007-02-25 13:05:41 · answer #4 · answered by Anonymous · 0⤊ 0⤋
I guess it would depend on what state you're in. In most cases everything is community property till the divorce is final. I wouldn't open anything till it's final.
2007-02-25 12:51:23 · answer #5 · answered by Dee G 2 · 0⤊ 0⤋
You obviously have a lawyer, why not consult them on this subject? Maybe even a google search might be of assistance to this issue, I'm sorry to hear of your pending divorce. Take care
2007-02-25 13:01:27 · answer #6 · answered by Cindybear 4 · 0⤊ 0⤋
Who is filing for the divorce? if you are you need to talk to the attorney, i believe that it would be considered separate but if you try to hide asset's it could lead to problems.
2007-02-25 12:44:25 · answer #7 · answered by Mary O 6 · 0⤊ 0⤋
Once you have a leagal seperation your a free person .
2007-02-25 12:45:47 · answer #8 · answered by suzanne w 3 · 0⤊ 0⤋
Ask your lawyer
2007-02-25 12:48:04 · answer #9 · answered by abc 7 · 0⤊ 0⤋