Can I freeze an IRA account?

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Can I freeze an IRA account?

My husband and I lived together for 13 years; we were married for 12 years. We recently started talking divorce. I’m now out of state visiting a friend. My husband had a 401k at work. He retired 2 years ago and we rolled it over into an IRA. I signed off on his pension so we’d have more money a month.I get nothing if he dies. To guard my safety if he died before me, he said that I could have the IRA. He calls it “mine”. Today I got an email that he’d taken money from the IRA and transferred it into an unknown account. He’s changed all the information; I’ve no access. Can I freeze this $100,000 until I get a lawyer?

Asked on March 2, 2012 under Family Law, West Virginia

Answers:

FreeAdvice Contributing Attorney / FreeAdvice Contributing Attorney

Answered 12 years ago | Contributor

In order to safeguard your interests in the bank account you are writing about, I would immediately call the bank's manager about the situation and then go down in person and request that it be "frozen" in place pending a court order or some other agreement on the subject.

I would then contact a family law attorney about the situation that you are writing about to see if he or she can assist you.


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