Quote: (03-05-2012 10:31 PM)oldnemesis Wrote:
Quote: (03-05-2012 05:32 PM)MiXX Wrote:
It amazes me how may men do not know that pre-nups, no matter how rock solid, and bulletproof you make one, ONLY PROTECTS ASSETS BEFORE MARRIAGE!!!!
Mixx, are you sure about this? How could a spouse access your assets acquired before marriage? Sure there are things like interest on your bank account or property appreciation - if both are happened during marriage she's entitled to half of the interest/appreciation. But I don't see any way how she can get your assets which you had before marriage.
Case by case basis, but what usually happens is husband has a house or has a business before marriage. During marriage, he continues to pay off the house and build his business.
In both common law states (41) and community property states (9), the wife is entitled to a portion of the value created during the marriage.
Well how do you give a woman 38% of your business or a house?
you don't.
You have to liquidate the asset. Selling a house is not an easy thing, and you won't get top dollar nowadays, and if it was a divorce sale, you still wouldn't get it in the good old days.
With a business, you either have to wind it down, or hand your ex wife a check for X # of years as alimony.
And children?
Don't try and put an asset in your family's name. (one sales can be undone by a court, as can transfers, and family members and biz partners can get greedy)
And hiding your money overseas? a problem if you live here in the states and have access to it.
There are no perfect solutions to this problem. You'll read stories in the press where business man hubby adopts his lover in order to not pass money over to his wife.
Tis crazy.
Even poor guys get fucked over for child support.