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TJ, Esq.
TJ, Esq., Attorney
Category: Family Law
Satisfied Customers: 12357
Experience:  JD, MBA
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My friend is getting a divorce and he has a small investment

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My friend is getting a divorce and he has a small investment (Pioneer Funds) worth about $4,000. He is worried his soon to be ex may just cash it out and keep/spend those funds. Would their be any problem with him cashing it out, giving her half, then re-investing his half?
Hello and thank you for allowing me the opportunity to assist you.

Your friend sounds like a smart guy. If I were his attorney, I would likely do exactly that: take half and leave her the other half. She would have no reason to complain and a judge would have no problem with it. Leaving the money where it is may result in a situation where the spouse takes it all and is not as generous to leave him half. A judge may ultimately order her to reimburse him the money, but good luck collecting. That may or may not ever happen.

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