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I have to split the money received from of the car accident with my ex wife?

| Jan 8, 2016 | Uncategorized

Q: Hi, if during I am married I receive money from of a car accident claim, where I had surgery, if in the future I divorce of my wife I have to split the money received from of the car accident with my ex wife. Thanks.

A: David’s Answer: Personal Injury awards are generally one’s separate property – meaning she generally would not get a share of the award. However, if you co-mingle the funds (i.e., deposit it into a joint account, or take marital funds & deposit them into the account holding the P.I. award proceeds), they may lose their separate property character. Schedule a consult with a Bronx Family Law attorney for a full assessment.

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