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Separation from a spouse is a painful time, but for many couples, once
the inevitability of a pending divorce is established, they are eager
to start separating their lives and finances. There are rules regarding
how the financial and physical separation should begin, and when it should
begin. In many states, when a divorce is filed, there is an automatic
injunction that goes into place keeping either party from changing financial
or physical assets or debts. This means neither party can sell assets,
remove names from credit cards, or change locks without first seeking
permission from the court. This automatic injunction does not exist in
New Jersey, except as to making changes to any type of insurance (e.g.
life, auto, health, homeowner’s insurance), but that does not mean
it is a wise decision to drain bank accounts or lock your spouse out of
the marital residence.

If you believe it is important to bar your spouse for the marital residence,
your attorney can file a
. These types of motions are not often granted, absent proof of domestic
violence or a similar, untenable living situation. Usually a court will
want the parties to figure out their own living arrangements without judicial

As to bank accounts, it is allowed for you to move money after the divorce
is filed. However, there are important considerations when doing so. First,
be advised that the simple act of moving money from a joint account to
a separate account will not change it from marital to separate property.
The money will still be marital property subject to equitable division
by the court. Next, it is also important to keep marital bills in mind.
If you take all of the marital funds, will your spouse be left with sufficient
funds to continue to pay the marital bills without your help? Leaving
a spouse destitute and with no way to pay bills in joint names not only
will have an adverse impact on your credit as bills fall delinquent, but
the trial courts will probably not look favorably on such an action. Finally,
moving money for the purpose of dissipating it will also not benefit you.
For example, buying lavish gifts for friends or gifting sums to relatives
during the divorce will likely result in you being awarded a smaller portion
of the marital estate at the final hearing, after the trial court takes
into account your misuse of marital funds.

During the beginning of a divorce, it is tempting to start separating all
accounts and the house as soon as possible. However, it is important to
before diving into this process. Call us today at (732) 479-4711 to let
us help you navigate the beginning of your separation.

About the Author


John Nachlinger is a co-founder and managing attorney of Netsquire, a family law firm focused on streamlining divorces through effective mediation, settlement drafting, and court filing assistance. As a New Jersey Supreme Court Certified Matrimonial Law Attorney and Qualified Mediator, John guides couples toward equitable agreements without the cost and stress of litigation.

Recognized as a New Jersey Super Lawyer for over a decade, John’s client-focused approach aims to foster understanding during challenging transitions. With a background spanning top law journals, judicial clerkships, and boutique family law firms, John now applies his analytical skills to create workable solutions for all parties. His mediation services reshape the divorce journey by prioritizing compassion and compromise.

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