Divorce Settlement

chrisrsmith

I am about to go through a divorce and own 3 properties. Two of them are in our joint names and one is in my name alone.
I want to leave the 3rd property (the one in my name alone) for my children inheritance. Is there any way I can 'protect' the property (gift it or ?) to my children to protect myself?
Put simply I don't want everything I worked for going to my wife as we are 2nd marriage and she brought very little into the marriage. Together for 12 years and married for 3.

Is there any ways of reducing my 'equity' (two pensions and the three properties - two co-owned with her) by gifting/anything?

Comms69

Go get profesional advice. This is a short marriage. 

No you cant get rid of assets and hope to get away with it. (frankly that should be obvious!)

- probably also stop getting married

tacpot12

As per Comms69's post, there is no way to divest yourself of assets without creating a very great risk to your assets. Any attempt to do so is very likely to be discovered and if shared with the courts, it will probably cause the judge to take against you and you could end up loosing a lot more than you will otherwise lose. You need to build the case for a fair and equitable settlement with your wife, and try to sell her on settling without going to court. You should take professional legal advice, as should she, but try to limit the amount of time that you use the solicitor to act as a go-between - solicitors are expensive and there are cheaper ways of putting a disinterested party between you and your wife -  you should consider Mediation as an option. This could be money well spent, and you will need to have tried Mediation before you can go to court, if you cannot settle. 

One of the best things you can offer her is a speedy settlement, so that you can both move on.