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January 4, 2009
Jani writes:
My situation is this. My mom wants to go through a divorce from my dad after being separated (not legally) for more than 6 years. All this time my mom has been paying off mortgage payments for the house herself among other bills. If they go through the divorce process, can my dad legally get a piece of the house when my mom sells it? Can anyone shed some light in this.
My situation is this. My mom wants to go through a divorce from my dad after being separated (not legally) for more than 6 years. All this time my mom has been paying off mortgage payments for the house herself among other bills. If they go through the divorce process, can my dad legally get a piece of the house when my mom sells it? Can anyone shed some light in this.
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Jerica writes:
I have accumulated a nice amount of assets simply by saving and investing. Some of it before I got married, some while married. Now I want to divorce but don’t want her to get half of the funds. We have a joint account that has a little bit of money that I don’t mind splitting with her, but my personal funds I want to hide. There are obviously records of what is in there today, and will be records of any withdrawals I make between now and the divorce. I was thinking about withdrawing the funds, purchasing gold or high valued coins, and storing them in a safety deposit box listed in my mother’s name. During the divorce will I be held accountable for funds that were once in my personal account but are now gone? Does anyone have a better idea on how to move the funds out of my accounts and out of the site of the divorce laywers? PS - she doesn’t know I am planning on divorcing her yet. I want to figure out this money thing first. Please help.
I have accumulated a nice amount of assets simply by saving and investing. Some of it before I got married, some while married. Now I want to divorce but don’t want her to get half of the funds. We have a joint account that has a little bit of money that I don’t mind splitting with her, but my personal funds I want to hide. There are obviously records of what is in there today, and will be records of any withdrawals I make between now and the divorce. I was thinking about withdrawing the funds, purchasing gold or high valued coins, and storing them in a safety deposit box listed in my mother’s name. During the divorce will I be held accountable for funds that were once in my personal account but are now gone? Does anyone have a better idea on how to move the funds out of my accounts and out of the site of the divorce laywers? PS - she doesn’t know I am planning on divorcing her yet. I want to figure out this money thing first. Please help.
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