Protecting your assets

[oxymoron]

I'm on a bit of a roll here with my pending divorce.
Once you get over the emotional trauma of a seperation or divorce, it's time to make sure that your assets are protected, regardless of how amicable the split up.

In Australia, living together for 12 months gives the partners the same legal rights as a married couple. I don't know about other countries. This means that, at some stage, there will be a division of property. It would be very foolish for either party to believe the other person's declarations of goodwill, as they could change their mind at any time or be influenced by another party.

So, protect your assets!

Prenuptual ageements are rare and are easily challenged as are written agreements made after the split up. I took some very good legal sdvice and transferred all assets accrued prior to my marriage into a Discretionary Trust, of which I'm the trustee. That means I, and only I, can disperse the Trust's assets and that's at my discretion. The courts would have a very hard time making an order against the Trust as any dispersal of assets require the approval of the trustee, which he/she is not compelled to give.

So, protect your assets!

I have told my, soon to be, ex that she is entitled to 50% of any assets that we have gained, since our marriage and I have no problem with that. She also knows that she has a snowball's chance in hell of touching anything I accrued prior to our relationship. Hard? Maybe. Fair? Definately.

This is something that anyone in a relationship should consider, regardless of the current state of their relationship. I'm certainly not being bitter, just practical,

Just my two yen's worth.

[thefg]

I'm on a bit of a roll here with my pending divorce.
Once you get over the emotional trauma of a seperation or divorce, it's time to make sure that your assets are protected, regardless of how amicable the split up.

In Australia, living together for 12 months gives the partners the same legal rights as a married couple. I don't know about other countries. This means that, at some stage, there will be a division of property. It would be very foolish for either party to believe the other person's declarations of goodwill, as they could change their mind at any time or be influenced by another party.

So, protect your assets!

Prenuptual ageements are rare and are easily challenged as are written agreements made after the split up. I took some very good legal sdvice and transferred all assets accrued prior to my marriage into a Family Trust, of which I'm the trustee. That means I, and only I, can disperse the Trust's assets and that's at my discretion. The courts would have a very hard time making an order against the Trust as any dispersal of assets require the approval of the trustee, which he/she is not compelled to give.

So, protect your assets!

I have told my, soon to be, ex that she is entitled to 50% of any assets that we have gained, since our marriage and I have no problem with that. She also knows that she has a snowball's chance in hell of touching anything I accrued prior to our relationship. Hard? Maybe. Fair? Definately.

This is something that anyone in a relationship should consider, regardless of the current state of their relationship. I'm certainly not being bitter, just practical,

Just my two yen's worth.

My lawyer friend gave me some fantastic advice when i decided to divorce.

he asked me if we were on good terms and i said yes and that we both agree on 'what was fair'. he said that in that case come straight to his office. he drew up an agreement which i signed, then he took my ex downstairs to a separate lawyers office infront of which she signed after he confirmed she agreed and understood - acknowledging that she had independant counsel. that was the divorce statement of agreement. Thats what the court received. We did all the paperwork there and then, together with my ex. She didnt have a lawyer. We used my lawyer to draw up all the paper work - even splitting legal fees.

So long as you are on friendly terms and both agree whats fair its great if you can use the same lawyer. You just need to make sure when she signs its done infornt of an independant lawyer/notary.

not only did it save us a fortune in legal fees but there was no disagreement or chances of one cropping up later.

Its a good idea to get the seperation of assets agreement (or whatever they call it in oz) drawn up and signed whilst your both on good terms and feeling reasonable.




He told me to do whatever i could to stay on friendly terms with my ex during the divorce - it made things sooooooo much easier.

[Effected After]

I believe that prenuptial agreements are not enforceable in Japan. Not that it would have mattered for me - when I got married my net worth (as far as assets are concerned) was somewhere between zero and very little. So my wife would be more than welcome to half of that if we were to get divorced.

[rainbowtokyo]

Your ex-wife, who you once loved dearly, gave you 20 years of her life. She accepted you despite the fact that you were twice divorced and wanted no more kids. Maybe she thought she could change you. Who knows?

So 20 years later, there she is, childless in a foreign country, "'Straya," where foreigners aren't exactly welcome........

And here you are, whining about the need to pay her money, begrudging her a few pennies here and there. Bragging about how smart you are in finding ways to avoid paying.

Some weeks ago, you gleefully described killing NVA/VC soldiers when you were a serviceman in Vietnam. Maybe it was bravado.

But it was at that point that I decided that you were an intimidating thug. Now, with the latest chapter of your life revealed, Oprah-like for all of us to see, it seems as if you are a bully to your own family as well as being a murderous lout.

I sincerely hope your wife takes you to the cleaners. About the money: don't be so smug - there have been cases where men lost their 'Super to their wives.

As for your dodgy family trust - you don't have a family you galah; your own kids loathe you and there won't be many teary eyed people at your funeral.

[thefg]

my understanding in japan is any assets you had before the marriage you dont have to share after divorce.


see bottom of page here:- http://kaneko-law-office.net/divorce.htm

3. Division of assets
Assets obtained during marriage are divided equally, even though the wife did not earn an income. Any assets obtained prior to marriage are those of the original owner. Inheritance is excluded from the division of assets.

[Effected After]

And here you are, whining about the need to pay her money, begrudging her a few pennies here and there. Bragging about how smart you are in finding ways to avoid paying.

You really are retarded (no offense to the handicapped) aren't you. What he said was this:

I have told my, soon to be, ex that she is entitled to 50% of any assets that we have gained, since our marriage and I have no problem with that.

Where is he begrudging her a few pennies and bragging about ways to avoid paying?

You really should stop posting until you get your IQ up to that of a normal human being.

[oxymoron]

And here you are, whining about the need to pay her money, begrudging her a few pennies here and there. Bragging about how smart you are in finding ways to avoid paying.

You must be dyslexic or illiterate as you obviously have problem with comprehension.
My wife gets 50% of assets accrued over the last 20 years. Which part of that don't you understand?
BTW, that enough to see her live in comfort for the rest of her life. I'd be interested to know how you would provide for your ex, in a similar situation.

I sincerely hope your wife takes you to the cleaners. About the money: don't be so smug - there have been cases where men lost their 'Super to their wives.
As for your dodgy family trust - you don't have a family you galah; your own kids loathe you and there won't be many teary eyed people at your funeral.

Not smug, you tosser, just prudent. It's also obvious that you know nothing about Trusts. If you have trouble comprehending this, get someone to explain it to you. What a dimwitted, judgemental dipsh!t!

[edin日本]

Your ex-wife, who you once loved dearly, gave you 20 years of her life. She accepted you despite the fact that you were twice divorced and wanted no more kids. Maybe she thought she could change you. Who knows?

So 20 years later, there she is, childless in a foreign country, "'Straya," where foreigners aren't exactly welcome........

And here you are, whining about the need to pay her money, begrudging her a few pennies here and there. Bragging about how smart you are in finding ways to avoid paying.

Some weeks ago, you gleefully described killing NVA/VC soldiers when you were a serviceman in Vietnam. Maybe it was bravado.

But it was at that point that I decided that you were an intimidating thug. Now, with the latest chapter of your life revealed, Oprah-like for all of us to see, it seems as if you are a bully to your own family as well as being a murderous lout.

I sincerely hope your wife takes you to the cleaners. About the money: don't be so smug - there have been cases where men lost their 'Super to their wives.

As for your dodgy family trust - you don't have a family you galah; your own kids loathe you and there won't be many teary eyed people at your funeral.

Feel better? That's another useless rant as oxymoron doesn't give a sh!t about what you think. I really don't see why he's even posting this on GP–unless of course he's hoping to fob off his sloppy seconds on some poor sucker like me or KB. Or maybe you'll take her, it's rumoured your balls are so blue that you'll hump the crack of dawn.

[rainbowtokyo]

Feckoff f@ggot.

Is that the best you can do? Last week Edin called me a Jew loving N1gger. Anyone else?

Feel better? That's another useless rant as oxymoron doesn't give a sh!t about what you think. I really don't see why he's even posting this on GP–unless of course he's hoping to fob off his sloppy seconds on some poor sucker like me or KB. Or maybe you'll take her, it's rumoured your balls are so blue that you'll hump the crack of dawn.

I see you aren't tending the goldfish and plants today. BTW I'm still waiting for you to make good your impotent threat to take out my work computers. Hurry now, I need some new machines.