Legal Question in Family Law in Louisiana
stocks/bonds of an ex-husband
My soon to be ex's mom bought him several stocks and bonds when he was a child. Am I entitled to any of the interest accrued after we married?
Asked on 12/04/07, 11:24 pm
1 Answer from Attorneys
Nick Pizzolatto, Jr.
Pizzolatto Law Office
Re: stocks/bonds of an ex-husband
It depends on how the accounts were set up. Just speaking in basics, any separate property brought into the community by either spouse remains their separate property, however, the fruits (interest/dividends) earned by the separate property during the existence of the community belong 1/2 to each spouse. So, the bottom line is, you may have up to a 50% interest in the growth of the stocks during the marriage, if you can prove what was the increase during the marriage.
Answered on 12/05/07, 7:33 am