QUESTION: I am on my parents’ personal and business accounts, to enable me to handle their business in the event they need me to do so. When I file for a divorce, will my wife be able to have access to this account since my social is on it?
MY RESPONSE: Your wife can "discover" information about the accounts from you since your name is on the accounts, but if the accounts are bona fide business and personal accounts of your parents from which you haven't drawn funds for your own use or deposited community funds into those accounts, your wife will likely have no right to any funds in those accounts.
This educational blog is brought to you by DONALD F. CONVISER, an effective and aggressive Los Angeles Family Law Attorney and Divorce Lawyer serving clients in the courts of Los Angeles and Ventura County for over 35 years,owner of Warner Center Law Offices, with offices in Woodland Hills and Century City. Call 888.632.4447 or 818.880.8990 for a free confidential consultation with a Certified Family Law Specialist to discuss your divorce or family law issues. | www.conviser.net | www.conviserfamilylaw.com |
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