I had a mutual fund prior to marriage. Recently I did a lateral transfer from one investment firm to another. I have not added any money to ...

Question

I had a mutual fund prior to marriage. Recently I did a lateral transfer from one investment firm to another. I have not added any money to account since I have been married. My wife and I are contemplating a divorce. I am just wondering if my funds are safe from the divorce? I live in New York state

Answer

That depends. Were the funds in a joint account? If so, they are marital property.