I know the that money I had before marriage would be considered as a separate propert but what if I move the money from my current account to another account after marriage?
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I know the that money I had before marriage would be considered as a separate propert but what if I move the money from my current account to another account after marriage?
Is it still considered as a separate property or because I withdraw/transfer the money after the marriage, is it considered as community property?
Asked on November 19, 2012 under Family Law, Washington
Answers:
M.D., Member, California and New York Bar / FreeAdvice Contributing Attorney
Answered 12 years ago | Contributor
As long as you can trace your separate property it remains separate. However, when separate and community funds are co-mingled, that makes is harder to do. Additionally, if any money in a joint account is used for community obligations, etc. it can be "transmuted" (i.e. turned) into a community asset.
Bottom line, keep what's yousr separate; do not deposit your own funds into a joint account.
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