Legal Question in Family Law in California
Hi, I have a tricky one for you... My husband and I may get divorced soon, and I have money in a bank on my name. This money was transferred to me by my father from overseas for medical needs. When he did the transfers he did mention "medical needs" as a reason. Is this enough to protect this money from being divided? Or should I try to transfer it to my other relatives before the divorce if filed?
Asked on 5/17/11, 10:49 am
1 Answer from Attorneys
Not tricky at all. It was a gift. Gifts during marriage are separate property as long as they aren't comingled with a joint account. The purpose of the gift is irrelevant.
Answered on 5/17/11, 10:56 am
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