Providing New Jersey Residents With A Fresh Start
  1. Home
  2.  — 
  3. Divorce
  4.  — Getting divorced? Get your own bank account, first

Getting divorced? Get your own bank account, first

On Behalf of | Dec 15, 2020 | Divorce |

Do you and your spouse share bank accounts, credit card accounts and things of this nature? It’s what a lot of couples do, and it can work while you’re married. If you’re thinking of getting a divorce, though, you want to get your own accounts before you break the news to your spouse. 

Not everyone handles the news of a pending divorce very gracefully

One question to ask here is how your spouse is going to take the news. The trouble comes if they’re not happy about the divorce and they decide to take spiteful steps to hinder your life as soon as you tell them you want to end the marriage. 

For instance, one woman was just trying to get something to eat when her debit card didn’t work. She had no idea why. Then she checked her bank accounts and found out that her husband had removed all of the money from them without telling her after she initiated a divorce.

Don’t underestimate what your spouse might do. They could cancel joint credit cards, shut down bank accounts, transfer funds, make withdrawals or even try to hide assets. 

Plus, if you’re still working, you want to start sending your paychecks to a new account as soon as you split up. It just makes sense to protect yourself by creating this account in advance. Make sure you have access to your money when you need it. 

Moving forward with your divorce takes experience and skill

This is just one thing to keep in mind as you move forward with your divorce. Be sure you carefully consider every step with your legal team. A divorce can quickly get complicated with then are financial hijinks, so you want to protect your interests from the beginning.

FindLaw Network