I have 2 savings accounts, an ISA and a bond. These are solely in my name and have only been credited with money from other accounts in my name. These funds were saved before I met my wife and she has not contributed to these.
Is my ex entitled to these funds, if she is what can I do to prevent this e.g. put the money into a trust, transfer the money to my brother.
If I transfer these into an account in my daughters name (with me being named on the account too), can my ex get access to this?
Hi,
are you referring to child maintenance or divorce/financial proceedings? with CMS, then they do have policies about notional income, where receiving parent can ask them for variation for more maintenance, if she aware of your savings etc.
I have a feeling that your ex is entitled to a share of these funds. If you are divorcing you will have to complete a schedule of your assets. There are a number of guides on the advicenow.org.uk website on divorce and sorting out your finances which may be helpful