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  1. #1
    Join Date
    May 2010
    Posts
    3

    Question Separate Savings Account

    My question involves divorce in the State of: Virginia

    My wife and I have separate bank accounts that we each put our own paychecks into. I make a little bit more money than her and occasionally help her pay her bills and buy things she wants (we have no joint bills except a cell phone which I pay fully). Over the past year I have saved a large portion of my pay checks while she has spent all of hers. Now we are getting divorced and I want to know if I can show that I am the only contributor to the savings account in my name will she still get part of it?

  2. #2
    Join Date
    Jan 2006
    Posts
    20,673

    Default Re: My Savings Account

    so, who paid for the electricity for the shared home but in reality it is a joint debt. Heating gas or coal or oil for the home? House payments? Vacation expenses? taxes on the house? vehicles? insurance for the house and/or vehicles? Food?





    what you are trying to do is take one small part of the entire picture and make decisions based on just that one small part. It isn't going to work like that. The entire situation will be used to decide who deserves what. If that results in her getting some of the cash you were able to save because she might have been paying other joint debts, then so be it. If the courts determine she simply failed to save any cash and had the same opportunity as you to do so, then that is what it will be.
    I am not an attorney and any advice is not to be construed as legal advice. You might even want to ignore my advice. Actually, there are plenty of real attorneys that you might want to ignore as well.

  3. #3
    Join Date
    May 2010
    Posts
    3

    Default Re: My Savings Account

    JK,

    thanks for your reply but I think I made it clear in my initial posting that we have no joint bills, we have no rent, no gas, nothing of the sort, yes this seems unusual but without getting into specifics about our personal lives that should be enough. We each buy our own food with our own paychecks and as far as a car she has a car, I dont, but it isn't even in her name though I've helped pay on it as well as pay for a large insurance policy for it, oh and vacations split sometimes and others just I or her paid (most of the vacations taken were hers). The only bills she or I had when we got married belonged to her, infact she ecumulated even more since we've been married. I have helped her pay many of her debts.

    Not sure if this clears it up at all but I hope to hear from you again.

  4. #4
    Join Date
    Sep 2005
    Location
    California
    Posts
    64,954

    Default Re: My Savings Account

    There's not so much a "hers and mine" when you're talking about wages earned during the marriage. If you and your wife can't agree on how to split the marital estate, a judge will do so based upon principles of equity (fairness). We lack the facts to tell you if a judge would regard your proposal as fair.

  5. #5
    Join Date
    May 2010
    Posts
    3

    Default Re: Separate Savings Account

    Knowitall,

    thanks for your reply. I understand that it is up to the judge however I would like to hear from anyone who has experienced this and what the outcome was.

  6. #6
    Join Date
    Sep 2005
    Location
    California
    Posts
    64,954

    Default Re: Separate Savings Account

    Again, we lack the facts to tell you if a judge would regard your proposal as fair. Talk to your divorce lawyer.

  7. #7
    Join Date
    Jan 2006
    Posts
    20,673

    Default Re: My Savings Account

    =Archeon85;421426]JK,

    thanks for your reply but I think I made it clear in my initial posting that we have no joint bills, we have no rent, no gas, nothing of the sort, yes this seems unusual but without getting into specifics about our personal lives that should be enough.
    well, it does cost money to live and wherever that comes from could make a difference. While it may not cost you money, somebody is paying for it and that is seen as effective income for at least one, if not both parties.


    We each buy our own food with our own paychecks and as far as a car she has a car, I dont, but it isn't even in her name though I've helped pay on it as well as pay for a large insurance policy for it, oh and vacations split sometimes and others just I or her paid (most of the vacations taken were hers).
    sounds like a lousy relationship, almost like one such a marriage for other purposes would look like. The fact you have never taken your wife out for dinner is disturbing. The fact the two of you account for every penny of your money as individuals down to who bought the butter you are using , and I can only guess the person that bought it is charging the other person a per tablespoon charge for eating it is simply absurd.

    just go into court and tell the judge all of this and he might just let you walk out with an annulment because they way you explain things, you obviously don't even sleep in the same bed because that would mean you would be sharing a bed or sheets and God forbid your got your sweat on her sheets. Just who would pay for the detergent to wash the sheets in a situation like that




    The only bills she or I had when we got married belonged to her, infact she ecumulated even more since we've been married. I have helped her pay many of her debts.
    Oh, so there was commingling of funds.

    Not sure if this clears it up at all but I hope to hear from you again.
    No, it really doesn't but please do not attempt to make it any clearer.
    I am not an attorney and any advice is not to be construed as legal advice. You might even want to ignore my advice. Actually, there are plenty of real attorneys that you might want to ignore as well.

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