View Single Post
  #19 (permalink)  
Old 06-26-2008, 02:31 PM
Gruntina Gruntina is offline
$ Saving College Freshman
 
Join Date: Oct 2005
Location: Bay Area
Posts: 693
Points: 5749.50
Donate
Default

Depending in what state you live in, having either a joint account or separate account is not going to prevent you from not splitting your asset in half in the case of a divorce.

They determine what you earned or were given during the time of marriage to be shared property between the two of you regardless if your name is on the account or title or not.

In state like California, having separate account to protect you in the case of a divorce is just moot.

Beyond that, each couple has to determine how to handle the divorce (or their lawyers).
Reply With Quote