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How to avoid ruin due to broken marriage?

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    How to avoid ruin due to broken marriage?

    Hi
    I heard an awful story about a successful businessman. For 20 years he had been selling cars making a very good living for himself. In his late 30s he met this woman, who already had kids, and fell head over heels. He bought her an expensive ring, rolex watch, big house, car you name it. They got married. 3 years into the marriage she decides she "wants a change" and the marriage came to an end. Before actually walking out she sold her ring and other gifts and pocketed the cash. She made up all kinds of bs that he was stopping her seeing her own kids (ok folks don't have all the details here).
    End result- he's now in his early 40s, a broken man living at home with his parents. He has no money to his name, he even has to get pocket money from his parents.
    She's is in no such state, has profiteered nicely from the whole thing. I guess that's how our "justice" system woks these days. No wonder fathers4justice are angry.

    So how does a young bachelor boy in contracting protect himself from this potential situation? Is there a nifty IOU situation with parents that can be invoked should she walk out and demand all she can get. Or where can one put money aside for the future safe from a dodgy ex-wife getting her grubby hands on it- are personal pensions safe? should money go into some kind of family trust?

    #2
    Originally posted by contractor79 View Post
    So how does a young bachelor boy in contracting protect himself from this potential situation?
    Don't get married. Use hookers - overall they are cheaper and don't want to cuddle.

    Comment


      #3
      Originally posted by contractor79 View Post
      So how does a young bachelor boy in contracting protect himself from this potential situation? Is there a nifty IOU situation with parents that can be invoked should she walk out and demand all she can get. Or where can one put money aside for the future safe from a dodgy ex-wife getting her grubby hands on it- are personal pensions safe? should money go into some kind of family trust?
      None of these will work.

      Comment


        #4
        Pre-nup? Not very romantic but might scare off the real gold-diggers.

        Comment


          #5
          Originally posted by DonkeyRhubarb View Post
          Pre-nup? Not very romantic but might scare off the real gold-diggers.
          The Courts are not obliged under UK law to keep to the agreement
          Confusion is a natural state of being

          Comment


            #6
            Originally posted by Diver View Post
            The Courts are not obliged under UK law to keep to the agreement
            WHS

            And soon non-marriage breakups will fall under family courts. There will be no escape for anyone. SockPuppet's option will be the only one...

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              #7
              Love is something you can't plan for.

              You just take a leap and hope it works.

              I'm divorced, will it stop me from wanting to get married again and trying for kids?

              Nope, it won't.

              Make the best of it boys and girls, it's only money and contrary to popular belief, you can't take it with you.

              Comment


                #8
                Originally posted by Churchill View Post
                Love is something you can't plan for.

                You just take a leap and hope it works.

                I'm divorced, will it stop me from wanting to get married again and trying for kids?

                Nope, it won't.

                Make the best of it boys and girls, it's only money and contrary to popular belief, you can't take it with you.
                Pup's
                Confusion is a natural state of being

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                  #9
                  As a divorcee with kids, the simple answer is don't get married.

                  Comment


                    #10
                    hmm, a depressing response.
                    so is there no other way to protect yourself. How about making one of your retired parents a shareholder in the company then pay you back in cash? Do wives have claim on half your company even if they're not a shareholder?

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