I’ve seen advice online saying you should open a separate bank account if you’re planning to leave an emotionally abusive spouse. But here’s my question: what’s the point of doing that if you’re going to have to declare all your assets during divorce anyway and split it 50-50? I’m in PA, married for 16 years, and barely have any income. I also have a child with autism and epilepsy, so my husband can’t know if I open a new account. Anyone been through this? Any advice?
I think the advice about opening a separate account is meant to give you some financial independence in case things get messy. But, like you said, you’ll have to disclose everything during divorce. Maybe just a temporary safety net for now?
I’m in a similar situation. I’ve been saving in an account my spouse doesn’t know about. I don’t think there’s a legal issue with it as long as you’re upfront about it when it comes to the divorce process.
I’ve read that you can keep an account in your name, but the court will still consider it marital property if it’s during the marriage. So make sure it’s used correctly.
If you’re planning to open the account before divorce, I don’t think there’s a time limit as long as you disclose it. But like others have said, make sure you’re clear with your lawyer about it.
Also, just double-check with a local lawyer, especially in PA. Laws can vary by state, and you want to be absolutely sure you’re following all the rules.