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Is my ex entitled t...
 
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Is my ex entitled to my savings


Posts: 37
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Topic starter
(@1peter)
Trusted Member
Joined: 3 years ago

I have 2 savings accounts, an ISA and a bond. These are solely in my name and have only been credited with money from other accounts in my name. These funds were saved before I met my wife and she has not contributed to these. 

Is my ex entitled to these funds, if she is what can I do to prevent this e.g. put the money into a trust, transfer the money to my brother.

If I transfer these into an account in my daughters name (with me being named on the account too), can my ex get access to this?

2 Replies
Posts: 5328
(@dadmod2)
Illustrious Member
Joined: 6 years ago

Hi,

are you referring to child maintenance or divorce/financial proceedings? with CMS, then they do have policies about notional income, where receiving parent can ask them for variation for more maintenance, if she aware of your savings etc.

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Posts: 645
(@dadmod3)
Honorable Member
Joined: 4 years ago

I have a feeling that your ex is entitled to a share of these funds.  If you are divorcing you will have to complete a schedule of your assets.  There are a number of guides on the advicenow.org.uk website on divorce and sorting out your finances which may be helpful

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