How to protect yourself in a divorce - US and UK
I am 24yo and I think I'm a long way from getting married but it would piss me off to an infinity if my wife suddenly changes a few years down the line and starts cheating, abusing the kids or gets into drugs or something ridiculous then divorces me and gets my house and half (if not more) of my savings that I spent years accumulating.
I know everyone points to a prenup to protect yourself, but in the UK I heard its not legally binding and is basically expensive paper and in the US I hear stories of millionaires and billionaires of both genders being screwed over by some bimbo and I doubt a lot of these successful people would not have had prenups in the first place.
Is there any alternative to avoid this? If my wife and I fall out of love amicably I would be fine splitting in half so its not like I am just being greedy, I just don't want someone who has bad intentions to win.
Do things like having the assets in the Cayman Islands or Switzerland work? Or tying up the assets in a family trust? Or is there a special kind of iron clad pre nup you can get.
I am in the US but considering moving to England in the future to have a family so advice from either geography will be very appreciated. I am also considering keeping the money in africa since I have a background there and they are more "flexible" when it comes to finances.
From my limited knowledge, individual assets in a trust are untouchable during a divorce
Just try to get married to someone with a professional career. That's your only salvation. If Jeff Bezos lost ~30% of his net worth in his settlement, I'm pretty sure it can happen to anyone.
You are on track to be divorced with your questions — you should just go on auto pilot mode
Grab this VHS (and a VCR) and you’ll be set.
Never Happened
You don't get married, that's how you avoid getting fucked in a divorce. Or set up a very solid trust. Unless you're extremely careful and confident in your choice of partner marriage in the 21st century is a pointless gesture/piece of paper and represents the epitome of a negative freeroll.
If you're religious, do the religious ceremony but never sign the legal document.
I’ve had thoughts like this but do you know churches that will actually do this?
Sadly this is true. Virgins are ideal for marriage, if that’s not possible then at least a girl with a body count under 5
anything more and you’re inviting disaster
The only defense against divorce is to NOT get married. Sorry, but that is the only way around it. Keep in mind, co-habituating will also have a similar outcome, just not as harsh.
Expand on the co-habituation part
Spelling mistake, I meant "cohabitate"
You should check out this post from a forensic account that talks about working on wealthy divorce cases and how each side tries to screw the other. It was posted around mind summer 2021. I will post the link if I can find it.
Got ya
https://www.wallstreetoasis.com/forums/divorces-beating-the-courts
Ab nobis et voluptatibus unde qui voluptatem omnis iure. Non iure ut velit facilis sequi. Quisquam a et aut et. Et est illum pariatur iusto magni a. Quisquam repudiandae aut voluptas qui maxime.
Aperiam quia rerum nobis culpa aut. Reiciendis repellendus aut voluptatibus et. Vel vel tempore cum natus. Sapiente aut unde distinctio nihil voluptatum necessitatibus occaecati. Rerum nemo quisquam nostrum perferendis ut nobis nihil sunt.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...