Kids savings that are in my account under my name.
I am going through divorce process. I have a bank account that has money I saved for my children that I have not yet put into their accounts. Its the kids money. What do I do so it is not included as martial assets.
Is it too late to move it into their account? Will it look like I am hiding assets?
A lot of it was saved before the marriage.
My husband is very greedy, he will likely want half (as its a good sum)
Or shall I be upfront and say its the kids'money and get husband to agree not to touch it.
He has a house (dont think has much equity) and I dont. Is there something that I can propose to him so he leaves the kids money in my account alone
I have no idea. But surely if you pop the money into a child's ISA or an account where the children automatically take control of it when they reach 18 or 21 this shows that the money will go directly to the children?