infolio

Chapter 21 - The money comes back into the divorce

The $145,000 transferred from joint savings remained in Dorian’s brokerage account.

Court froze extraordinary withdrawals.

At equitable-distribution mediation, Dorian agreed:

The full amount would be treated as marital property.

The $48,000 paid to Clarissa for the old loan was disputed.

Her original loan documents were real.

But repayment from marital funds benefited Dorian’s separate premarital obligation.

Mediator recommended:

A marital-property credit to me for part of that repayment.

We negotiated:

$31,000 adjustment.

Not $48,000.

Why?

Some of the loan had financed a vehicle later used during marriage and sold into marital funds.

Accounting was messy.

Then house equity.

Dorian insisted:

“Title is mine.”

Our lawyers almost laughed.

Title mattered.

So did marital acquisition.

House purchased during marriage.

Mortgage paid from marital income.

Down payment:

Part Dorian premarital savings.

Part marital funds.

Appraisal.

Tracing.

Offsets.

May you like

No penniless wife.

Just arithmetic, law, and uncomfortable documents.

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