Legal Question in Wills and Trusts in Connecticut
gifting
I have 70.000 in bank I have been wanting to gift my 4 adult children. but now am facing divorce.We have not filed yet, can I still do this without getting into trouble?
Asked on 12/29/07, 12:03 pm
1 Answer from Attorneys
Nicholas Adamucci
ADAMUCCI, LLC
Re: gifting
If the funds were accummulated during the marriage, they may be subject to distribution. A more complete analysis could be given only after further facts. The bottom line is, you may get into trouble if you simple attempt to get rid of the money knowing you are about to go through a divorce. If you need further help, you can email me at [email protected].
Answered on 12/30/07, 1:00 pm