Dividing a Joint Bank Account During Divorce or Separation
To divide a joint bank account during a divorce, the safest approach is to open a personal account, stop any shared deposits, and review (audit) the funds in the joint account. Both parties should either agree on how to split the money or get a court order directing the split. Once that is settled, both spouses must give joint consent to close the account, and any automatic bill payments linked to that account should be redirected elsewhere.