College funds, including 529 funds, are easily, and often, expropriated by the parent who remains their owner after the divorce. |
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Judges love wives who file for divorce and clean out the accounts while the husband is deployed.
"He doesn't take care of the kids!" Well no kidding, he's in the military defending America. I bet if he came back KIA the OP would have no problem playing the grieving military widow and signing herself and the kids up for every benefit they can get for the next 50 years. |
| People who post here that the parties will automatically get 50/50 by a Judge unless they are a drug dealer or have substance abuse issues are just flat out wrong. At least in Virginia. In fact, in Virginia there is proposed legislation every year that establishes a presumption of 50/50 and every year it fails to pass. There is no automatic guarantee of anything.. Virginia is a best interest state with no presumption of anything. This type of in incorrect internet opinions is exactly the reason why you need to go see an actual lawyer. |
She can want what she wants, but that ain’t how it works skippy. |
So true. Their bread and butter are women anxious of giving too much custody time and angry men. |
Half that money is legally his. If he wants to spend it on kids college, great, but if he wants to spend it on hookers, that's his call. |
A 529 is a marital asset, part of the marital estate. It will be divided equally, and each parent will control half of it. If the ex-DH wants to pay the penalty, withdraw the money, and spend it on himself, there's nothing you can do. It does happen. Buy a convertible, it goes into the marital estate, and he owns half of it. If she wants to keep the convertible, she pays him half its value. If you give it to a friend, then when the judge finds out about it (and he will), then he will make you pay half that amount to your ex-DH. Face the facts - you are going to pay him half. |
Every actual lawyer I consulted - I am a man - told me that I would get 50/50 if I wanted it. Those who don't get it mainly didn't want it, plus a much smaller number who are abusive or otherwise unworthy. |
+1. Do it before you divorce him. If he has any decency, he won’t try to take money away from his kis’ College fund. |
Anything earned in marriage should be split 50/50 so her taking it and controlling it may work. Plus, it makes no sense given they will both need separate residences and attorney fees. She may have to pay him child support when he has the kids if she earns more and insurance if she's already providing it. Some of her comments don't make sense. If he's a reservist, he may have gotten educational benefits through that. Being deployed is not being an uninvolved parent. |
You can also stipulate in your divorce settlement that neither parent can withdraw the college fund and are required to add a certain amount of money periodically. |
Lolzies. Try actually enforcing that. |
| You'll need to downsize so sell stuff (nothing he would miss) on eBay. Since you're doing the work involved you could argue the proceeds go to you, but in any case it's work that needs to be done before you split. |
Uh, no. You can’t sell someone else’s stuff and declare the profit yours simply because you went to the trouble of selling it. Keep the suggestions coming, oh wise legal minds of DCUM! |
Ha! Me too. All this divorce logistics boring. In sum, you lose money, seeing your kids. You’d be insane to leave with kids impacted absent something abusive before they launch. You made your bed... |