Andrew2KRT10
Enthusiast
I just had to make a comment. And I know I don't know the circumstances, but hopw is it that the guy is always the one the get screwed? I wonder if his wife has to sell her hair waxing machine?
Divorce forces sale
- Thread starter Andrew2KRT10
- Start date
David Jenkins
Enthusiast
word........
Chuck 98 RT/10
Enthusiast
<BLOCKQUOTE><font size="1" face="Verdana, Arial">quote:</font><HR>Originally posted by Andrew2KRT10:
how is it that the guy is always the one the get screwed? I wonder if his wife has to sell her hair waxing machine?
<HR></BLOCKQUOTE>
Seems like it, but I think they both get screwed most the time. For one thing, they both have lawyers.
how is it that the guy is always the one the get screwed? I wonder if his wife has to sell her hair waxing machine?
<HR></BLOCKQUOTE>
Seems like it, but I think they both get screwed most the time. For one thing, they both have lawyers.
<BLOCKQUOTE><font size="1" face="Verdana, Arial">quote:</font><HR>Originally posted by Chuck 98 RT/10:
Seems like it, but I think they both get screwed most the time. For one thing, they both have lawyers.
<HR></BLOCKQUOTE>
Unless you're unlucky like me and I had to pay for HER lawyer too! Imagine that!
Seems like it, but I think they both get screwed most the time. For one thing, they both have lawyers.
<HR></BLOCKQUOTE>
Unless you're unlucky like me and I had to pay for HER lawyer too! Imagine that!
King GTS
Enthusiast
<BLOCKQUOTE><font size="1" face="Verdana, Arial">quote:</font><HR>Originally posted by GaryA:
Unless you're unlucky like me and I had to pay for HER lawyer too! Imagine that!
<HR></BLOCKQUOTE>
Now that *****!
Unless you're unlucky like me and I had to pay for HER lawyer too! Imagine that!
<HR></BLOCKQUOTE>
Now that *****!
Bad_Byte
Enthusiast
Justice is served:
A friend of mine was being divorced by his wife. She filed and she played around on him. He was a very nice guy and didn't want the divorce. However, she decided to go ahead with it. They split up she took everything she could lay her hands on and left him.
A few months later he hit the Lotto. It was only 3.6 million but after taxes that was 120K appx per year for 20 years.
She decided half of that was hers also. Filed suit and stated they were in process the of reconcilliation. It cost him $25K to pay for "both" lawyers but he won out.
Is that JUSTICE, I ask you????
Now, too bad the first thing the guy did is go out and buy a vette. I never said he had good taste in women or cars.
A friend of mine was being divorced by his wife. She filed and she played around on him. He was a very nice guy and didn't want the divorce. However, she decided to go ahead with it. They split up she took everything she could lay her hands on and left him.
A few months later he hit the Lotto. It was only 3.6 million but after taxes that was 120K appx per year for 20 years.
She decided half of that was hers also. Filed suit and stated they were in process the of reconcilliation. It cost him $25K to pay for "both" lawyers but he won out.
Is that JUSTICE, I ask you????
Now, too bad the first thing the guy did is go out and buy a vette. I never said he had good taste in women or cars.
Anthony - 98 GTS
Enthusiast
Sold my '94 RT/10 to get married
- got divorced and bought my '98 GTS
.
My ex then made the Houston Texans Cheerleading team so I still have to be nice so I can get introduced to her new "friends"
My ex then made the Houston Texans Cheerleading team so I still have to be nice so I can get introduced to her new "friends"
viperdoctor
Enthusiast
<BLOCKQUOTE><font size="1" face="Verdana, Arial">quote:</font><HR>Originally posted by Anthony - 98 GTS:
Sold my '94 RT/10 to get married
- got divorced and bought my '98 GTS
.
My ex then made the Houston Texans Cheerleading team so I still have to be nice so I can get introduced to her new "friends"
<HR></BLOCKQUOTE>
Dude, we need to start hanging out together!
Sold my '94 RT/10 to get married
My ex then made the Houston Texans Cheerleading team so I still have to be nice so I can get introduced to her new "friends"
<HR></BLOCKQUOTE>
Dude, we need to start hanging out together!
SteveBCloud9
Enthusiast
Cheaper to keep her.......
Tusc
Enthusiast
Hmm, why don't people ever set up their properties under a corporate license? House in one LLC, property in anothe. Or maybe house and cars provided for separately by different corp. You kill someone with the car? You lose only what's in your name. Someone's kid gets hurt on your property, you don't lose it all. Wife divorces you, all you are worth on paper is literally the shirt on your back.
I'm only 23 and probably not the brightest guy on the board, but I would figure that guys with a LOT more money than me at risk would have figured this out by now.
I'm thinking living trust. Then one corp to invest with. One limited partnership to put up the $$ to that corp from. One or more LLCs to set up the house/property under. Think that'll do it? Of course, I haven't set up anything beyond the initial copr to invest through (Nevada S), so if there are any lawyers out there that could offer any suggestions or advice....I'd love to hear from you!
I'm only 23 and probably not the brightest guy on the board, but I would figure that guys with a LOT more money than me at risk would have figured this out by now.
I'm thinking living trust. Then one corp to invest with. One limited partnership to put up the $$ to that corp from. One or more LLCs to set up the house/property under. Think that'll do it? Of course, I haven't set up anything beyond the initial copr to invest through (Nevada S), so if there are any lawyers out there that could offer any suggestions or advice....I'd love to hear from you!
Well, off the top of my head, I would suggest you might have trouble getting a mortgage with an LLC; not without a personal gaurentee. And as for buying cars and such under a corporation, you will encounter the same problem.
Not even a Living Trust will save you. I have a living trust and we register property in the name of the trust - this is to protect ownership in the event of death. But when you bring up a trust, most lenders do a doubletake. You'll need to provide copies of the trust and some lenders wont bother.
Of course, titling everything under different legal definitions would probably not save you in the event of a divorce. Corporation sheilds tend to buckle when shown that a single person controlled the corporation and used it for their own benefit. (Might not be the legal term; but close enough.)
Now, if you pay cash for everything; that might be a whole nother story.
Not even a Living Trust will save you. I have a living trust and we register property in the name of the trust - this is to protect ownership in the event of death. But when you bring up a trust, most lenders do a doubletake. You'll need to provide copies of the trust and some lenders wont bother.
Of course, titling everything under different legal definitions would probably not save you in the event of a divorce. Corporation sheilds tend to buckle when shown that a single person controlled the corporation and used it for their own benefit. (Might not be the legal term; but close enough.)
Now, if you pay cash for everything; that might be a whole nother story.
Prenup. Thats what me and my girl plan to do. She can't have my cars money or orginal property, I can't her new property or house. Works fine for the both of us.
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