Legal ownership of a BTL asset post divorce

treatment

antrobus wrote: »

Your wife knows your details. And you're divorcing her. Perhaps she might at some point feel inclined to tell HMRC, if you get my drift.

I do get your drift antrobus, thank you. At least your post is useful.

As mentioned, it is unknown by her exactly how much I have. I'll lose it, or some of it, Cheltenham here I come.

I had plans, we had plans, I had no intentions of ever divorcing her, nor cheating on her, but some people can be right selfish shites. I do not intend on losing out again.

Guest101

treatment wrote: »

I do get your drift antrobus, thank you. At least your post is useful.

As mentioned, it is unknown by her exactly how much I have. I'll lose it, or some of it, Cheltenham here I come.

I had plans, we had plans, I had no intentions of ever divorcing her, nor cheating on her, but some people can be right selfish shites. I do not intend on losing out again.

and so you shouldnt, and if the courts used common sense, then they would see the marriage fell apart because of her and therefore she should get the minimum. But they dont work like that.

Certainly losing it would be a quick fix. Cash is so hard to trace after all....

treatment

Guest101 wrote: »

and so you shouldnt, and if the courts used common sense, then they would see the marriage fell apart because of her and therefore she should get the minimum. But they dont work like that.

Certainly losing it would be a quick fix. Cash is so hard to trace after all....

Thank you Guest101.

You will never know how much I appreciate your comment. Especially after one smart arse's attempts at making me even more angry/bitter.

Cash it is, and I have somewhere for it too. The BTL can wait a while.Thank you.

Mojisola

There's a lot to learn from https://www.wikivorce.com/divorce/ and you'll be able to get advice from people who have been there and know the likely issues.

bouicca21

I'll second the recommendation for wikivorce. Apart from practical information the folks there know just how awful it is to be betrayed like this (and so, incidentally, do I).

treatment

Mojisola wrote: »

There's a lot to learn from wikivorce and you'll be able to get advice from people who have been there and know the likely issues.

bouicca21 wrote: »

I'll second the recommendation for wikivorce. Apart from practical information the folks there know just how awful it is to be betrayed like this (and so, incidentally, do I).

I thank you both. And bouicca21 you have my sympathies.

If there is a positive from the betrayal I think it is you know that you personally could never ever put a fellow human through it.

blackshirtuk

Sorry for your situation,

I do not know about the legal side, but could you "invest" and lose the money abroad? Foreign account? Cayman isles?

Thrugelmir

treatment wrote: »

Not yet. Do you want my details to tell him?

If you want to dig a hole by lying to everybody that's your concern.

I was merely enquiring as if there was there would already be a trail.

Buying a BTL for cash however may well raise the taxmans suspicions at some point in the future. As money doesn't grow on trees.

jimbog

Maybe buy gold antique jewellery - it would (sort of) hold it's value - until the dust settles

DevCoder

Buy bitcoins, easy to hide....

No seriously, don't.