VIC Bank balance at seperation date

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Norm Smith

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28 April 2017
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What happens to bank balance at time of seperation? Meaning does that get halved on the spot as both parties dont have access to it.
 

sammy01

Well-Known Member
27 September 2015
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more detail needed. finances are legally sorted NOT at time of separation, but at the time an agreement is made. So technicaly if you won lotto today she'd kinda be entitled to half the win.... I say technically, because nothing is certain in family law except that the solicitors will get paid
 
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Tim W

Lawyer
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28 April 2014
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What happens to bank balance at time of seperation? Meaning does that get halved on the spot as both parties dont have access to it.
At the time of separation, nothing.
Which does mean, yes, that the other person could "clean you out".
Talk to the bank immediately