The father sued for divorce and requested to divide the 260,000 yuan in New Year's money from his two sons. The deposits in the names of the two sons were from when the two were growing up.
In the end, the court held that the relationship between the two parties had indeed broken down and supported Cai's request for divorce. The property to be divided in a divorce case should be the common property of the husband and wife, and the New Year’s money is not the joint property of them. As a gift, the deposit should belong to the minor himself.