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ChristiJo
recently joined

Reged: 04/26/10
Posts: 1

spouse fund trust

#655857 - 04/26/10 09:18 PM

Help out there. We are getting divorce and my spouse has made a list of all our assets. However, she has a trust fund set up by her mother that she can cash in two years. When we got married she already had the money trust in place. Any advise?

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cyber_green1
journeyman

Reged: 06/07/09
Posts: 83

Re: spouse fund trust

[Re: ChristiJo]
#655932 - 04/27/10 12:29 AM

you get half

--------------------
just sorta rambling, dont take my word for it I'm mostly wrong.

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DeeCan
veteran

Reged: 04/05/08
Posts: 1266

Re: spouse fund trust

[Re: cyber_green1]
#656252 - 04/27/10 07:49 PM

Not necessarily.

If it was set up BEFORE marriage, it is probably not considered as marital property. And it doesn't sound as if she's received any funds from it, so therefore there could be no co-mingling.

OP, if you can provide your state it would be very helpful.

--------------------
Don't drink and park, accidents cause people.

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Redlegg
Carpal \'Tunnel

Reged: 10/05/06
Posts: 26678

Re: spouse fund trust

[Re: DeeCan]
#656253 - 04/27/10 07:55 PM

Sounds like it does not even belong to the spouse......

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Maury
Carpal \'Tunnel

Reged: 06/02/04
Posts: 8146
Loc: This Asylum --->

Re: spouse fund trust

[Re: Redlegg]
#657118 - 04/29/10 03:35 PM

No. A trust und is non-marital.

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