1. Myth: If you keep separate bank accounts during the course of your marriage, your spouse is not entitled to any of your assets. In most circumstances, your personal bank account could be considered separate or marital property depending on where the money in that account comes from — even if it’s solely in your name. For example, if you deposit marital funds, broadly defined as money acquired during a marriage, into your individual checking account, the courts may deem those funds marital property.
