Is it legal if a husband wins a legal settlement and keeps it locked away from the wife in a separate account?

Asked on September 12, 2012 under Family Law, Texas


Anthony Van Johnson / VANJOHNSON LAW FIRM, L.L.C.

Answered 8 years ago | Contributor

Without knowing more in the way of facts, generally, income or property received during a marriage is considered "marital property".  And in the event of a divorce, parties can seek an equitable division of all marital property and assets.   It is not uncommon for parties to retain separate bank accounts.  If it is your desire to pursue a portion of the proceeds your husband received, you should consult an attorney and provide the missing details.

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