Legal Question in Family Law in New York
divorce and ira and cds
Hi I filed for divorce and I have certificate of deposits and ira that my father gave me money for, are these considered equitable distribution? also the house is in my husbands name but the mortgage and home equity is in both are names
he tried to refiance and the bank turned him down
what happens now ?I also have a savings acocunt my name only that the money was given to me from my father it was a gift I have the canceled check for this money from 2004 , does this money get spilt between the 2 of us or is it safe to say this is mine?
1 Answer from Attorneys
Re: divorce and ira and cds
You are asking for specific advice, which is something beyond what can be given by a message board.
In general, gifts from third parties are separate property.
You should speak to your own attorney in a confidential setting.
J. Douglas Barics