what is an automatic tro?

Aug 8, 2012 by


What are the consequences for a husband that moved funds from a joint account into an account with his sister and in another case he removed the wife as beneficiary on another account?



The husband can remove any or all the funds from any joint bank accounts prior to the time of filing for divorce. There’s not too much that can prevent that if he did it while you were married, living together and had not yet begun divorce proceedings. There may be legal penalties if the divorce was initiated before the funds were transferred. Removing the wife as beneficiary may or may not be legal and can depend on a variety of factors. If there is a significant amount of money involved, you should probably seek legal representation to make sure your best interests are served. In cases where fraud or larceny are present, the court can impose penalties ranging from fines to jail time. – The Divorce.com Team

Wendy Jaffe and Divorce.com can only provide general information about divorce. DO NOT RELY ON MS. JAFFE’S ADVICE ALONE. Before acting on information provided by Ms. Jaffe or by Divorce.com, talk to an attorney first about your particular facts and the law of your state. By submitting your question to Divorce.com, you are not creating an attorney/client relationship with Ms. Jaffe or with any of the other attorneys listed on this site.

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