Joint assets It is fairly common for one spouse to withdraw all of the funds from a joint bank account. Reasons for such a move usually involve efforts to make sure they have necessary living expenses. This is often rationalized by the primary wage earner who thinks this is really “my money that I earned.” Likewise, it can be rationalized by the one making less as necessary to protect themselves financially during the pendency of the divorce. The Birmingham divorce lawyers William White and Jim Parkman at Boles Holmes Parkman White LLC will attempt to negotiate distribution of any cash on hand in an equitable manner. However, if the other party sweeps the account of all funds, our attorneys are prepared to petition the court for return of the money on a temporary basis. We typically advise our divorce clients upon separation or filing for divorce to open their own separate checking account to which only they have access. Any new money earned or received should be deposited into the new account, and not the old joint account. Similar action should be taken on joint investment accounts and the contents of any safe deposit box. An immediate inventory of all joint assets should be taken so you know if any are unilaterally taken by your spouse, and so you can hold them accountable for those assets at the time of the final divorce decree.