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Protecting Assets prior to Divorce.

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  • Darlyd
    Darlyd Posts: 1,337 Forumite
    Tell him to go see a solicitor asap and go from there. I am sure there is something's he can do, Such as put money in accounts for ALL his children, sign over properties to his kids etc etc. :)
  • Tropez
    Tropez Posts: 3,696 Forumite
    darlyd wrote: »
    Tell him to go see a solicitor asap and go from there. I am sure there is something's he can do, Such as put money in accounts for ALL his children, sign over properties to his kids etc etc. :)

    Unwise. As I said earlier, courts will trace assets, even those signed away, and if they conclude that the assets were deliberately transferred in order to affect the financial outcome of a divorce then they can take measures against the person who did it. Even transferring assets to immediate family is a mistake if one is aware that they about to enter into divorce proceedings.
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