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Old 04-29-2005, 11:04 AM
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Join Date: Apr 2005
Posts: 1
Angry

california personal injury settlements

What is the name of your state? california
Is A spouse entitled to A portion of A personal injury settlement when settlement is deposited in A joint checking or A joint savings account owned by both husband and wife ?
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Old 05-03-2005, 04:41 PM
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Join Date: Mar 2003
Location: California
Posts: 101

Yes

I believe a joint account is a joint account, any monies deposited in the joint account become joint property.
And since California regards money acquired within a marriage to be joint assets, absent any written agreement otherwise, I think a spouse would be entitled to 50% of the settlement.
But, I'm not a lawyer so I'm sure if I'm wrong someone will correct me. Or not.
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