redrosesix
DIS Veteran
- Joined
- Feb 29, 2008
- Messages
- 5,033
Do they just agree not to take the money, but then there are no real protections for access to the money..ie freezing the account? That seems stupid and reckless in an acrimonious divorce! Again, I find it hard to believe Kate would leave Jon with access to large amounts of money. It seems a bank should be notified and require the ordered permission before withdrawing money.
Jon accused Kate of hiding money from him a while ago, 80,000 I think. Kate had quickly put it in a trust for the kids (lucky them), but if it's not an irrevocable trust, she can use that money for herself but Jon can't touch it.
According to Team Jon, they found $100,000 hidden in the house, and information on a safety deposit box where they believe she stashed even more money. And the trust is apparently revocable, but since everything monetary is under Kate's control, Jon can't touch that. Which is why I'm quite baffled about this missing $200,000.

I don't know how much money people in the US can withdraw at once, but we'd never be allowed to do that here in Canada -- the bank would have to be notified about a week in advance, and both signatories to an account would have to verify the withdrawal (this is due to tighter banking restrictions that were introduced after 9/11)