QUESTION
If I open a bank account with gifted funds, how can I prove it is solely mine (non-marital) in case of divorce?
Asked on Aug 20th, 2018 on Divorce - New Jersey
More details to this question:
I have saved personal cash gifts (birthdays, holidays, etc.) in their original greeting cards over a few years. I would like to open a separate bank account with the cash, which was all gifted solely to me. I will not add any earned salary into the account. In case of divorce, how can I prove that the bank account is my personal, non-marital property?
1 ANSWER
Family and Matrimonial Law Attorney serving Parsippany, NJ
Partner at
Weinberger Divorce & Family Law Group, LLC
4 Awards
Thank you for your question.
As long as the funds are kept separate and not mingled with or changed into marital property, it will belong to you. I suggest that you contact an experienced attorney who can analyze your situation and give you advise on how to protect your rights.
I hope this information was helpful to you.
Answered on Aug 31st, 2018 at 5:16 AM
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