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Started By
Message
re: dividing/splitting assets in a marriage separation
Posted on 4/10/21 at 9:05 am to Warfarer
Posted on 4/10/21 at 9:05 am to Warfarer
quote:keep using this reason
I want to be debt free for a bit.
quote:never ever say this to your wife again for your own good and happiness.
So I have drug it out saying that I'm not looking at houses until her daughter
0
Posted on 4/10/21 at 9:22 am to tigergirl10
quote:
Yikes
It's all small stuff Money is a big one that peaks out a lot. I make about 50% more than what she does but she wants me to pay for 90% of everything, all the food, all the bills, all the trips. My biggest thing with buying another house is that my current job isn't sustainable at my rate as I am constantly hand in dirt working my arse off. Retirement would look like me being crippled in a chair and I don't want the pressure of having to continue making money forever to pay for another house and everything else.
Posted on 4/10/21 at 9:19 pm to Warfarer
I hope you know you that in the event of a divorce, you will owe her a 50 cent reimbursement for every $1 you spend paying down your separate debt with community funds, or income earned during the marriage.
Posted on 4/11/21 at 7:48 am to Warfarer
quote:
Warfarer
Man, I feel for you. But damn this is a hell of a derail
Posted on 4/11/21 at 8:02 am to Warfarer
Why do people not do pre-nuptial agreements? Or set up a joint account with each agreeing to a contribution rate and keep separate accounts for everything else?
Posted on 4/11/21 at 8:21 am to B4YOU
quote:
Why do people not do pre-nuptial agreements? Or set up a joint account with each agreeing to a contribution rate and keep separate accounts for everything else?
Have you dated many women?
Posted on 4/11/21 at 1:12 pm to Double Oh
As to inherited assets being separate, that is correct as long as you do not co-mingle the inherited assets with money/accounts that are joint. Deposit inherited money into an account in your name only. Title inherited vehicles/property in your name only.
Unless you are married to my wife, that it. Which if you were, I'd be having some issues right now.
Unless you are married to my wife, that it. Which if you were, I'd be having some issues right now.
This post was edited on 4/11/21 at 1:13 pm
Posted on 4/11/21 at 3:06 pm to Warfarer
quote:
Our house is my house that I bought 7 years before meeting my wife, we have kept separate banking accounts and she has a daughter.
I bought my house before me and my wife got married for this exact reason. That was well before we had kids, but I was worried about her getting 1/2 of a house that I bought basically with an inheritance from within my family. Things have changed now though and I capitalized on the low interest rates and refinanced with her several months ago.
I’m not trying to protect any assets anymore now that we have 2 small children. If something happened to me, I’d want them to be taken care of and it not end up in a legal battle.
Posted on 4/11/21 at 4:14 pm to B4YOU
quote:
Why do people not do pre-nuptial agreements? Or set up a joint account with each agreeing to a contribution rate and keep separate accounts for everything else?
This is logical, but most women are emotional, and nothing says emotional love like "hey let's plan for our divorce" lol.
Posted on 4/11/21 at 4:17 pm to Lincoln Dawson
There's nothing in LA that you can't do yourself, that you need an attorney for, when it comes to divorce.
If a divorce is granted, the community is deemed dissolved as of the time of the filing, and absent agreements, all community property gets split 50/50.
From a practical point of view, once a filing occurs, both individuals should establish new bank accounts and start using those.
If a divorce is granted, the community is deemed dissolved as of the time of the filing, and absent agreements, all community property gets split 50/50.
From a practical point of view, once a filing occurs, both individuals should establish new bank accounts and start using those.
Posted on 4/12/21 at 12:38 am to Lincoln Dawson
I don’t believe in marriage. I just find a random female every few years and give her half my stuff.
Posted on 4/12/21 at 1:15 pm to CajunTiger78
quote:
overlapped 10 or more years during the retiree's military service.
Believe it or not, it's only 5 years in OKLAHOMA
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