We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Protecting Assets prior to Divorce.

2»

Comments

  • 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.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.2K Banking & Borrowing
  • 254.3K Reduce Debt & Boost Income
  • 455.3K Spending & Discounts
  • 247.2K Work, Benefits & Business
  • 603.8K Mortgages, Homes & Bills
  • 178.4K Life & Family
  • 261.3K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.