Question #230:As a stay-at-home mom and full-time homemaker living in a community property state, who for the last 20 years has belonged to a stock club. The money for investing came from gifts from my husband and, earlier, in life, from parents. Is my husband entitled to any of the shares?

If the stock account is in your name only, those stocks that were purchased from gifts provided to you by your parents should remain separate property. The stocks that were purchased with funds that you received from your husband during the marriage, even if you describe them as “gifts”, are most likely marital property and your spouse will have a ½ interest in such shares.

Leonard M. Weiner, Esq. / Divorce Solutions