I had a substantial nest egg before entering my marriage in a savings account in my name only. When I got married in 2007, I never added my husband’s name to the savings account (we shared a joint checking account). Throughout the marriage I added part of my earnings into the savings account, but used that money to pay marital and household bills each month (i.e. electric bill, internet bill, credit card bills, car payments, etc…). As it turns out, I actually spent more money from the savings account to pay marital expenses than I put into the savings account. The balance of the savings account is now lower at the time of separation than when I got married.
My husband hired an attorney that insists he is entitled to half of ANY money deposited into my savings account during the duration of the marriage, saying I was co-mingling money? They are willing to take me to court over this. I can clearly show every single deposit and every withdrawal from that savings account, and what every withdrawal was used for (it was all for expenses my husband and I incurred during marriage).
My question is:
Have you ever heard of this happening before? I have done some research on this topic and the most common issue I’ve found are two individuals that put their individual money into a joint account, and that’s not my issue.
Do you think he will win this case if it does go to court if I can clearly prove the money was used for marital expenses, even though his name was never on the account?
Thanks for your help.