Joint assets
How you deal with money will depend on your own circumstances. Your property, money and debt will NOT be split in
half automatically, so get professional advice before you do anything like moving out of the family home or
signing documents.
If you are married or in a civil partnership and you are worried that the other parent may take joint assets like the
family car, you could get a court order to stop them. See the legal section for more information.
Joint bank accounts
If you think the other parent may take money from your joint bank accounts against your wishes, talk to your bank.
They should be able to put steps in place to ensure both of you sign for any withdrawals.
If your joint bank account is still active you may have to repay any overdraft, even if you didn’t spend the
money. Contact your bank or building society for more advice.
Benefits
If you get benefits or tax credits, or if the other parent was claiming benefits for the family, you must tell
the benefits office or the tax credits office (or both) if you separate. Also check if there is any other
financial support you may be
entitled to.