How to keep money out of a marriage
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From: Bay Area
Originally Posted by Benn-O,Jun 10 2010, 02:06 PM
thank you s2ki, ya'll have officially scared me off marriage.
going to do the gene simmons thing and just date the girl for 20 years.
going to do the gene simmons thing and just date the girl for 20 years.
Marriage and that kind of commitment isn't for everyone
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From: Houston, Texas
Originally Posted by espelirS2K,Jun 10 2010, 03:09 PM
My family had good friends who had dated for like.. 8? years. They finally decided to get married, and then no more than 6 months later, they broke up.
Marriage and that kind of commitment isn't for everyone
Marriage and that kind of commitment isn't for everyone
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From: MD
Originally Posted by gilwood,Jun 9 2010, 09:16 AM
Hypothetical Question: Let's say I have $100k and I want to get married soon. What is the best way to keep that money, so if a divorce comes then it won't be a marriage asset? IRA, Buy a house, Swiss bank account?
Note: I live in NJ. I don't have gf or plan to get married anytime soon. I also don't have $100k.
Note: I live in NJ. I don't have gf or plan to get married anytime soon. I also don't have $100k.
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From: Ventura, California, USA
Originally Posted by 8D_In_Trunk,Jun 10 2010, 01:03 PM
The IRS doesn't care which mattress you put it under. . . it's always been a crime to not REPORT the income.
If it falls off the back of the truck, that's a whole 'nuther issue.
If it falls off the back of the truck, that's a whole 'nuther issue.
Also in a divorce I thought assets that you had previous to a marriage were yours to keep. Only earnings and acquisitions after the marriage are vunerable?
I'd suggest
1. talking to a divorce attorney
2. buying 100k worth of gold and putting it in a safe deposit box.
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From: SJC
Originally Posted by The Gasman,Jun 10 2010, 03:32 PM
Also in a divorce I thought assets that you had previous to a marriage were yours to keep. Only earnings and acquisitions after the marriage are vunerable?
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Originally Posted by 8D_In_Trunk,Jun 10 2010, 01:00 PM
That's $100K in the bank RIGHT NOW. . . accruing interest. . .
If it was just a case of $100K, you'd almost have half a leg to stand on. . . but think about this: sight unseen, she's entitled to half (or more, depending on the state) of EVERYTHING. . .
I had to explain this to my ex-fiancee as we were getting serious -
IRA
Savings on hand (she had saved nothing)
401K (she had saved nothing)
Stock Grant from my employer
Employee Stock Purchase program
Condo Equity (and I live in an expensive part of the world)
She divorces me within a year or two. . . her half would come out to ~$250K (would have been more when we were dating). Not bad for a year's work.
Get a pre-nup.
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From: York PA
Originally Posted by Benn-O,Jun 10 2010, 05:06 PM
thank you s2ki, ya'll have officially scared me off marriage.
going to do the gene simmons thing and just date the girl for 20 years.
going to do the gene simmons thing and just date the girl for 20 years.