3 Ways to Protect Your Personal Injury Award or Settlement from Your Divorce | Diane L. Danois, J.D.
What happens to your money from a personal injury award or settlement, when you divorce? The short answer is, "It depends." It depends on whether you live in a community-property or equitable distribution state. It depends on how the money was allocated in the award or settlement. It depends on the date of the accident, the date of your separation or the date of your divorce. How the money is divided up depends on how the court in your state will approach the analysis based upon the specific details of your case.
The various scenarios go something like this:
1. Husband and Wife have been married for eight years and have three young children. Wife suffered a signific