Form E - Emptied savings account after separation.

[James Woking]

My daughter has just exchanged form E’s and we are fuming.

2 weeks after we separated he emptied his savings account of £55,000.

In the section where you say what large financial transactions have happened in the last 12 months he’s listed 3.

1. He repaid a loan to a friend £12,000 - no idea what this is, apart from a total lie.
2. He repaid his parents £20,000 which is what they gifted to him 20 years ago for a deposit for a flat (that he still owns and rents out).
3. He repaid his Aunty £23,000 that he says she lent (apparently to both of us) for the deposit for our family home 14 years ago. Again a total lie.

He also wrote that my daughter knew about this, which obviously she didn’t.

Note: Married 14 years and they were mortgage and debt free for the last 5 years of their marriage.

Can he get away with this?

What will the court do?

What should she do?

[atticus]

Courts can unravel transactions designed to put assets in "safe" hands.

You should engage a good lawyer.