Legal Question in Family Law in Virginia
I have savings bonds for my son, in the divorce agreement it is stated the money is for college education. However, the child has choosen not to go to school and would like the money for purchasing a home. He is only 20 years old and my hope is he might at sometime change his mind about education.My ex wants the money paid now to the child, where do I stand from a legal view on this matter>
1 Answer from Attorneys
If you mean by "in the divorce agreement" that these savings bonds
are part of a Property Settlement Agreement"(PSA) incorporated into the divorce designating the use of these funds for your son's college education, then this PSA as a continuing contract between the parties should be amendable to change the designated use of these funds for whatever purpose you and your former spouse can agree on.
Consult the attorney who represented you in your divorce about
amending this PSA.
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