Wanted to get opinions on ways to plan ahead on not losing everything due to future divorce.Is there a way to prevent wife from getting retirement accounts even though I am 15 years away from retirement. Also she will be receiving large inheritance someday and if we get divorced before she receives that how will that be distributed.
To enter a coupon code in your post please enter the following info:
Coupon Code:
Coupon Offer:
Merchant:
Expires (optional):
Restrictions (optional):
saving...
Quick Summary is created and edited by users like you... Add FAQ's, Links and other Relevant Information by clicking the edit button in the lower right hand corner of this message.
Sounds like no kids involved, are the gloves coming off for this one? Liquidate and buy gift cards (saw it on another post), or get a lawyer, be sure to talk to all the good ones first
I'd agree with "talk to a lawyer" regarding your retirement account. The answer to this depends on a lot - state law, the length of time you were married, each persons' contributions (economic and non-economic) to the divorce... and so forth.
As for her future inheritance? Unless your state laws differ from the state I live in, once divorce is filed, you have no access to any inheritance coming to her. Unless her "inheritance" is actually structured as a non-revocable asset, then, it MIGHT be vulnerable to being called a marital asset. Again, talk to a lawyer.
brucesprings said:Wanted to get opinions on ways to plan ahead on not losing everything due to future divorce.Is there a way to prevent wife from getting retirement accounts even though I am 15 years away from retirement. Also she will be receiving large inheritance someday and if we get divorced before she receives that how will that be distributed.
1/2 of marital assets are hers reguardless of inheritance. If you got married a short time ago and had assets going in, then don't worry. Quit trying to hide what also belongs to her. If she made the money and you wanted a divorce you would be on here asking "How do I protect my half?"
Is there any way you can accelerate the dispursement of her inheritance? You know, lot's of father-in-laws get beaten to death by random drifters on the golf course.
FWF need an official "waiting for inheritance" thread.
It's not just on FWF, I'm starting to hear talk like these in RL. Since the WWII generation usually have more saving than the boomer group.. it's quite a sad spectacle to watch.
Be honorable, honest, and fair. You will never regret it.
Everybody wants to get over. Sometimes in life. . . you don't come out the winner.
Thats why all the Scott Peterson /Ray Carruth types are killing their pregnant wives/gf. They want to come out clean , without responsibility, their honor, no shame and some cash.
Life does not work that way.
We all have to take a punch to the gut once in the while.
brucesprings said:Wanted to get opinions on ways to plan ahead on not losing everything due to future divorce.Is there a way to prevent wife from getting retirement accounts even though I am 15 years away from retirement. Also she will be receiving large inheritance someday and if we get divorced before she receives that how will that be distributed.
Perhaps you would be better off doing a Google search for "How can I protect all of MY assets while still getting half of HERS?"
Disclaimer: By providing links to other sites, FatWallet.com does not guarantee, approve or endorse the information or products available at these sites, nor does a link indicate any association with or endorsement by the linked site to FatWallet.com.
