Cumming, GA asked in Divorce for Georgia

Q: My wife and I will be divorcing soon. One of her family members gave her a large some of money during our marriage.

It was deposited into a joint brokerage account and I invested it increasing the value by over 50%. She has moved the money to a different account and will not tell me the password. She also claims I have to right to the money. What is true? Do I have a right to half or a portion of this money? It was definitely comingled.

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3 Lawyer Answers
Regina Irene Edwards
Regina Irene Edwards
PREMIUM
Answered
  • Lawrenceville, GA
  • Licensed in Georgia

A: Based on what you described, it's comingled. However, unless you plan to get divorced, there isn't much to be done if she has now segregated the funds and you have no access to them.

Homer P Jordan IV
Homer P Jordan IV
Answered
  • Atlanta, GA
  • Licensed in Georgia

A: Considering you are divorcing the money would likely be considered co-mingled. You should consult with an attorney regarding the proper course of action for your divorce.

Michael D. Birchmore
Michael D. Birchmore
Answered
  • Lawrenceville, GA
  • Licensed in Georgia

A: You are going to want to get legal counsel to assist you in this situation.

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