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Safeguarding Minor Child’s Investments in Context of Divorce/Alimony


28-Sep-2025 (In Divorce Law)
I seek your guidance on safeguarding assets held in my minor child’s name (Mutual Funds, FDs, SB deposits). These were created for my child from my first marriage. After my first wife’s passing, I remarried, and my current spouse is now threatening divorce and alimony. Please confirm that these assets remain the child’s exclusive property and advise legal measures to protect them from any claim.
Answers (3)

Answer #1
802 votes
dear client as per your query since your child is from your first marriage and mutual funds and FD is on his name and after your remarriage your second wife cannot claim over it for alimony she has no right over it..
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Advocate Priyanka Singh

Adv. Priyanka Singh

LawRato Kolkata | 1000+ Answers
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Answer #2
756 votes
Under Indian law, any assets (Mutual Funds, FDs, Savings Bank deposits) registered in the name of your minor child legally belong to the child, not the parents. These do not form part of the marital/joint estate and cannot be claimed by your current spouse in divorce or alimony proceedings. As a natural guardian, you manage the child’s financial affairs, but you cannot treat the assets as your own. The child has full ownership, and upon attaining majority (18 years), he/she can exercise full control.
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Advocate Shubham Agarwal

Adv. Shubham Agarwal

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Answer #3
550 votes
it can be very much protected in your minor child's name and you need to follow few steps and there are plenty of loop holes on your end for which you are scared but if we sit face to face over a meeting i can block those loop holes
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Advocate Aveek Bose

Adv. Aveek Bose

LawRatoKolkata | 1000+ Answers
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Disclaimer: The above query and its response is NOT a legal opinion in any way whatsoever as this is based on the information shared by the person posting the query at lawrato.com and has been responded by one of the Divorce Lawyers at lawrato.com to address the specific facts and details.

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