Legal Question in Family Law in Massachusetts
can I keep my savings account if I'm getting divorced
I am planning on getting divorced soon and I had $15,000 in a savings account in my own name, I have withdrawn this money from the bank and when asked i plan on saying that I simply spent this, it was my money. Can I do this or will I have to split it with my ex
2 Answers from Attorneys
Re: can I keep my savings account if I'm getting divorced
Do not lie. If you do, then when you tell the truth, no one will believe you.
can I keep my savings account if I'm getting divorced
The court must consider about twenty different factors in dividing property. However, it does have power over all
assets of both parties. Failure to list this asset on your financial statement is perjury and therefore, a crime. You
should list the account and prepare on the factors so that you can present your best case to the judge.
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