Protecting your finances before getting married
#1
Protecting your finances before getting married
I'm coming under renewed and sustained pressure to get married, this is after an 11 year "engagement"
I know it's financial suicide for the man (especially if you have children as we do), and I can't understand why women would want to do it apart from to know that they can screw the man's whole future on a whim.
So if I get forced into this (and it will be due to intolerable moaning), how can I protect some of my money from any subsequent divorce? legal or not so legal, is fine by me as long as it works? Some of you financial advisors must have a couple of tricks up your sleave - please!
I know it's financial suicide for the man (especially if you have children as we do), and I can't understand why women would want to do it apart from to know that they can screw the man's whole future on a whim.
So if I get forced into this (and it will be due to intolerable moaning), how can I protect some of my money from any subsequent divorce? legal or not so legal, is fine by me as long as it works? Some of you financial advisors must have a couple of tricks up your sleave - please!
#4
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the law is changing anyway so you wont even have to get married, if you live together
But like Chip says, I dont think you are ready for marriage either
Ill look after your money etc for you till you get divorced, then you can have it all back
But like Chip says, I dont think you are ready for marriage either
Ill look after your money etc for you till you get divorced, then you can have it all back
#5
Originally Posted by Chip Sengravy
hmm..
I'm no Clare Rayner, but something tells me your'e not quite ready for marriage, luvvie
I'm no Clare Rayner, but something tells me your'e not quite ready for marriage, luvvie
No man in his right mind would be "ready" for marriage with the current state of the legal system.
However, in a choice between possibly losing my partner and children then I have to consider it and try to protect myself as best I can.
#6
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By your mindset your going to lose them anyway, so you may as well cut your losses now, and leave them
Save a whole load of heartache later on
Save a whole load of heartache later on
#7
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It's not financial suicide for the man, it's financial suicide for the main breadwinner.
But not much is the short answer, other than squirrelling a few quid away in someone else's name. And then making fraudulent statements in your divorce proceedings.
I suggest the "not getting married" option is the one to take if you're that worried about it.
But not much is the short answer, other than squirrelling a few quid away in someone else's name. And then making fraudulent statements in your divorce proceedings.
I suggest the "not getting married" option is the one to take if you're that worried about it.
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#8
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Buy loose diamonds and hide them in a matchbox somewhere...
I know a very good gem dealer
If you'd bought a load of platinum about 6 months or so ago you'd be doing alright, prices have risen madly recently....
I know a very good gem dealer
If you'd bought a load of platinum about 6 months or so ago you'd be doing alright, prices have risen madly recently....
#9
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maybe if you feel like your missis is going to do that to you your best not getting married and saying your happy with the way things are or suggest a non legal ceremony to show how much you love eachother???
#10
Originally Posted by *Sonic*
By your mindset your going to lose them anyway, so you may as well cut your losses now, and leave them
Save a whole load of heartache later on
Save a whole load of heartache later on
Let's face it, everyone likes to think they'll be together forever when they get married, but nearly half of them are wrong.
I much prefer the scottish law on divorce (if it's true what I've heard) : Only assets accumulated DURING the marriage are considered in the divorce settlement (i.e. anything you brought to the party is yours to keep, and you only split whatever you made during the marriage). It's not the first time that the scots seem to have much more sensible laws than the English.
#11
Originally Posted by Stephb1986
maybe if you feel like your missis is going to do that to you your best not getting married and saying your happy with the way things are or suggest a non legal ceremony to show how much you love eachother???
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Originally Posted by T5OLF
Spent it fast, that what i did, £9000 on a 16v engined chevette
#15
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you ain't ready to get hitched.
The bad news is that you're screwed anyway - she's classed as your common-law wife.
I'd be looking moreso at your relationship. If it's THAT biased on finance, well...... there's more to life (and marriage!) than money.
The bad news is that you're screwed anyway - she's classed as your common-law wife.
I'd be looking moreso at your relationship. If it's THAT biased on finance, well...... there's more to life (and marriage!) than money.
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Originally Posted by ScoobyDoo555
The bad news is that you're screwed anyway - she's classed as your common-law wife.
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Originally Posted by Bubba po
Isn't that a marginally worse option than having a bonfire of twenties in your back garden?
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dunno about marrying her it sounds more like you should be dumping her!
from your comments it doesn't sound like you love her very much...
if she wants your name tell her to change her name by Deed Poll - costs about £40 IIRC - should could call herself Mrs MPR then... cheaper solution all round!!
from your comments it doesn't sound like you love her very much...
if she wants your name tell her to change her name by Deed Poll - costs about £40 IIRC - should could call herself Mrs MPR then... cheaper solution all round!!
#22
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Originally Posted by dpb
But its all changed recently - hasnt it..
#23
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And again as said above Scots Law is more equitable in that common law spouse does exist. It is only English men as ever who managed to get laws laid in their favour.
On topic - marriage does not sound appropriate for someone with the language patterns of mpr
On topic - marriage does not sound appropriate for someone with the language patterns of mpr
#24
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Originally Posted by Bubba po
#25
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Originally Posted by Rannoch
And again as said above Scots Law is more equitable in that common law spouse does exist. It is only English men as ever who managed to get laws laid in their favour.
On topic - marriage does not sound appropriate for someone with the language patterns of mpr
On topic - marriage does not sound appropriate for someone with the language patterns of mpr
Its not automatic
#26
Well I'd like to say thanks for the replies.....
But, as expected we've got the:
You're not ready for marriage (because I'm not a sheep and don't just jump into things blindly thinking that it'll be ok, despite evidence to the contrary from various direct and indirect sources)
You don't love her enough (to risk your whole future financial viability on the chance (50-50) that you will stay together forever. Don't forget that women can easily talk about "love and marriage" because they stand only to gain and never to lose out of the situation. I'd get married tomorrow if I was guaranteed to be better of financially come what may.)
What I want to know is:
Can I put some money aside to safeguard MY future if it all goes wrong? I KNOW the wife and kids will be looked after.... the LAW more than amply sees to that.
But, as expected we've got the:
You're not ready for marriage (because I'm not a sheep and don't just jump into things blindly thinking that it'll be ok, despite evidence to the contrary from various direct and indirect sources)
You don't love her enough (to risk your whole future financial viability on the chance (50-50) that you will stay together forever. Don't forget that women can easily talk about "love and marriage" because they stand only to gain and never to lose out of the situation. I'd get married tomorrow if I was guaranteed to be better of financially come what may.)
What I want to know is:
Can I put some money aside to safeguard MY future if it all goes wrong? I KNOW the wife and kids will be looked after.... the LAW more than amply sees to that.
#27
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Originally Posted by mpr
What I want to know is:
Can I put some money aside to safeguard MY future if it all goes wrong? I KNOW the wife and kids will be looked after.... the LAW more than amply sees to that.
Can I put some money aside to safeguard MY future if it all goes wrong? I KNOW the wife and kids will be looked after.... the LAW more than amply sees to that.
Otherwise it will be the usual case, ie you stand lose 50% or more.
#29
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Originally Posted by mpr
Well I'd like to say thanks for the replies.....
But, as expected we've got the:
You're not ready for marriage (because I'm not a sheep and don't just jump into things blindly thinking that it'll be ok, despite evidence to the contrary from various direct and indirect sources)
You don't love her enough (to risk your whole future financial viability on the chance (50-50) that you will stay together forever. Don't forget that women can easily talk about "love and marriage" because they stand only to gain and never to lose out of the situation. I'd get married tomorrow if I was guaranteed to be better of financially come what may.)
What I want to know is:
Can I put some money aside to safeguard MY future if it all goes wrong? I KNOW the wife and kids will be looked after.... the LAW more than amply sees to that.
But, as expected we've got the:
You're not ready for marriage (because I'm not a sheep and don't just jump into things blindly thinking that it'll be ok, despite evidence to the contrary from various direct and indirect sources)
You don't love her enough (to risk your whole future financial viability on the chance (50-50) that you will stay together forever. Don't forget that women can easily talk about "love and marriage" because they stand only to gain and never to lose out of the situation. I'd get married tomorrow if I was guaranteed to be better of financially come what may.)
What I want to know is:
Can I put some money aside to safeguard MY future if it all goes wrong? I KNOW the wife and kids will be looked after.... the LAW more than amply sees to that.
And now your reason to get married is only if you were guaranteed to be better off financially
Maybe your girlfriend keeps going on about it because perhaps she loves you and wants to spend the rest of her life with you, and it shows commitment on your part
Something which you arent prepared to accept, so best you dont get married
As far as your original question, I dont know other than transferring things out of your name into other peoples names and hope your girlfriend doesnt find out (especially if she helped get that money in the 1st place )
#30
It seems terrible to me that these days you have to consider all that financial business before getting married. All part of our brave new "modernised" world I suppose.
Is marriage no longer a loving relationship.
I suppose the answer is the advice given in previous times. Don't get married too early in life until you really know what you want in a partner.
Les
Is marriage no longer a loving relationship.
I suppose the answer is the advice given in previous times. Don't get married too early in life until you really know what you want in a partner.
Les