Q: My mother in law gave me a cashier check with the minor children name on it. I took the cashier check put it in a
Separate Account with the children and myself. Going through divorce now husband trying to get money. State Virginia can he?
A:
Va. Code 20-107.3 has your answers.
In a divorce, only marital property is divisible between the spouses. "2. Marital property is (i) all property titled in the names of both parties, whether as joint tenants, tenants by the entirety or otherwise, except as provided by subdivision A 3, (ii) that part of any property classified as marital pursuant to subdivision A 3, or (iii) all other property acquired by each party during the marriage which is not separate property as defined above."
"1. Separate property is . . . (ii) all property acquired during the marriage by bequest, devise, descent, survivorship or gift from a source other than the other party."
In your instance, this appears to be a gift from your mother to you and your children, i.e., separate property not subject to division.
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