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Protecting Your Money/Assets Incase Of A Divorce
#26

Protecting Your Money/Assets Incase Of A Divorce

Quote: (03-06-2017 08:27 AM)Rawmeo Wrote:  

Quote: (03-05-2017 08:24 PM)qwertyuiop Wrote:  

Quote: (06-13-2016 01:35 PM)Rawmeo Wrote:  

Use the money to buy Bitcoins, and store the private keys in an encrypted hard drive.

Pretty straightforward.

Back them up to a dropbox account only you know the password to.

Dropbox has a copy of the keys to decrypt your data and will gladly turn them to the government on request - and they'll your private keys and hit you with a charge of hiding your assets. Unless, of course, you encrypt the container yourself THEN upload it to Dropbox.

Hiding your assets is illegal, but with Bitcoin, there's no way they can prove it, until you REALLY fuck up.

One thing I've learned: do not underestimate the willpower of a woman wanting to milk you.

Point is you can encrypt it well enough that you'd need a supercomputer to unencrypt it. Just give copies to various friends in case you have to lose your own.

I would just make sure they weren't on your main hard drive.

Divorce court aint going to waste time lol.
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#27

Protecting Your Money/Assets Incase Of A Divorce

Quote: (06-12-2016 12:52 PM)Tayo Wrote:  

I know most members of this forum are against marriage, but let us assume that you do get married, how would you hide your money and assets so that you don't lose it during a divorce?

PS: I just thought of putting all my assets in a trust before marriage and after marriage buying all my assets using a company where I own 1% and my mother owns 99% (of course I would have 100% control).

Joint account is a no no!

Let me have your ideas please....

Youre on the right track. Establishing a blind/family trust(s) and 3rd party entity(s) in advance (well before you even meet a potential wife) is the right strategy

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#28

Protecting Your Money/Assets Incase Of A Divorce

Most states will recognize the concept of separate property in a marriage. Separate property is stuff you owned before the marriage, and a narrow class of property like inheritances and gifts you receive during the marriage. For all of this, you need to document its separateness - for example, print out your brokerage statements and bank statements on the day you get married, keep records of gifts and in heritances. Also, you can lose this property if it is co-mingled, so keep it separate. That's really counter to the spirit of a marriage but if you are planning for the end of the marriage that is how you would do it.

any other property you get during the marriage is likely going to be subject to equitable distribution, generally a 50/50 split. even stuff like your pension, company stock, 401k gets split. but the separate property comes off the top and goes its separate ways.

remember, the same rule works for her - the wedding ring you give her is a gift, and a pre-marriage one at that, so its her separate property. Gifts you give her during the marriage like jewelry she gets to keep.
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#29

Protecting Your Money/Assets Incase Of A Divorce

In Austria there are a number of non-bank institutions which offer anonymous deposit boxes for rent. Precious metals can be stored for example. No ID is required and all payment is cash.

“The world is what it is; men who are nothing, who allow themselves to become nothing, have no place in it.”

- V.S Naipaul 'A Bend in the river'
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#30

Protecting Your Money/Assets Incase Of A Divorce

Bitcoins converted into a paperwallet which you memorize and then eat the paper.
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#31

Protecting Your Money/Assets Incase Of A Divorce

You can always ensure that your wife makes substantially more than you, which will increase your chances

Also make sure your wife knows you will become an absolute deadbeat should you split, so she won't try to chase you for money after

If you truly have copious amounts of wealth pre-marriage... Why get married?
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#32

Protecting Your Money/Assets Incase Of A Divorce

Thought that this article my buddy sent me the other day had some merit regarding this topic: https://www.nytimes.com/2016/11/30/magaz...llion.html

TLDR: Guy worth 9 figures spent a shit-ton of money on lawyers, myriad trusts offshore corps to protect his assets from his ex wife... and it still looks like he's going to eventually get taken to the cleaners in the divorce.

Even though it sounds flippant, not getting married really is the best way to avoid getting divorce raped. Obviously, the guy in the NY Times article has a lot of money to go after, hence why his wife and her lawyer are being such pitbulls about the whole thing. If someone with this much planning and money dumped into estate planning is continually seeing his shit going up for grabs, what chance do regular guys have without these types of resources?
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#33

Protecting Your Money/Assets Incase Of A Divorce

Quote:Quote:

Her first answers came that morning in the Bahamas, as she quickly rifled through papers in their soon-to-be-former vacation home. She didn’t have long: The caretaker, Pursglove suspected, was loyal to her husband and would soon alert him that she was there. In a pile of mail was a statement from a bank in Luxembourg showing an account with at least $30 million in cash. She had never seen it before. There were two laptops — one with baby photos of their younger daughter, which she set aside. In a cupboard were documents concerning not only Xacti, the internet company she and Oesterlund had built, but also oddly named corporations in other states and countries. Finally, there was a statement from their accounting firm. She had never seen that before, either. The accountants seemed to think her husband was worth at least $300 million.

The above is from the second paragraph in the link. It's abundantly clear the guy was not being discrete enough. IF you're going to make your self a criminal (for $300 million no less), at least lock away or encrypt sensitive documents.

Furthermore, they mention "family purchases" worth large amounts of money. If you're trying to hide your wealth, that's not a great way to do it. Why wouldn't he open a company in the name of an offshore trust, buy the yacht and then rent it out to himself when he needed it?

I still have not seen any convictions based only on the Panama Papers scandal, so it's clear that hiding your wealth itself is not illegal (hiding it from courts or laundering is of course illegal).

Losers always whine about their best. Winners go home and fuck the prom queen.
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#34

Protecting Your Money/Assets Incase Of A Divorce

Many ways exist to protect pre-marital assets outside of lawyers.

I wouldn't discuss it at all, especially on a public forum. Men are pretty dumb here - they think that talking about their strategy publicly will protect them, when it will backfire. Once lawyers know a strategy, they'll use it against you. At one time, prenuptials were bulletproof, yet now there are all kinds of exceptions that a women can invoke and the person who wins the most - the lawyer!
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#35

Protecting Your Money/Assets Incase Of A Divorce

Quote: (03-09-2017 06:10 AM)Running Turtles Wrote:  

Quote:Quote:

Her first answers came that morning in the Bahamas, as she quickly rifled through papers in their soon-to-be-former vacation home. She didn’t have long: The caretaker, Pursglove suspected, was loyal to her husband and would soon alert him that she was there. In a pile of mail was a statement from a bank in Luxembourg showing an account with at least $30 million in cash. She had never seen it before. There were two laptops — one with baby photos of their younger daughter, which she set aside. In a cupboard were documents concerning not only Xacti, the internet company she and Oesterlund had built, but also oddly named corporations in other states and countries. Finally, there was a statement from their accounting firm. She had never seen that before, either. The accountants seemed to think her husband was worth at least $300 million.

The above is from the second paragraph in the link. It's abundantly clear the guy was not being discrete enough. IF you're going to make your self a criminal (for $300 million no less), at least lock away or encrypt sensitive documents.

Furthermore, they mention "family purchases" worth large amounts of money. If you're trying to hide your wealth, that's not a great way to do it. Why wouldn't he open a company in the name of an offshore trust, buy the yacht and then rent it out to himself when he needed it?

I still have not seen any convictions based only on the Panama Papers scandal, so it's clear that hiding your wealth itself is not illegal (hiding it from courts or laundering is of course illegal).

I agree that he could've optimized his situation better but put yourself in his shoes - you're running a business worth hundreds of millions, plus you got shit in multiple countries with many different corporate schemes to keep track of. One slip of the many balls that you're juggling and it all comes down on you.

I don't have enough confidence in myself to think that I'd get every little detail correct in constructing an estate plan to be bullet-proof in the event of a divorce. Seems much easier preventing the situation in the first place and dealing with your family/friends haranguing you once in a while to get married than this bullshit.
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#36

Protecting Your Money/Assets Incase Of A Divorce

One Answer: OFFSHORE CORPORATIONS!

It technically isn't "Illegal" to start up a corporation in a country which offers a better tax, or no-tax rate than your country of residence where it's a feminazi tax hell (Canada, USA, UK, Spain, Australia, New Zealand, etc).

In Panama, I heard that one can deposit at least 5,000$ U.S., plus purchase, acquire or start up a company & that person automatically is a Permanent Resident.

Cayman Islands is alright, but FATCA is causing a mess because the American FEDS wanna find out American citizens who opened Bank Accounts in Cayman Islands, thus pissing off the local people there.

I repeat, IT ISN'T ILLEGAL TO OFFSHORE CASH. It's only considered "Illegal" not to declare that cash under FATCA.

It's just like opening a Bank Account with your Savings, except in a country where a cunt isn't gonna confiscate it from you from the Thugs in Blue (not yet overseas, though it will not be surprising if American or Canadian thugs in Blue start ransacking attorney offices & financial institutions located in Cayman Islands with militarized weapons "to fight money laundering and misogyny" or some shit).

I know connections from a few offshore tax havens who know the way to assist a client, but I'm not disclosing such services on here in any case.

They can't risk any accusation of "organized crime" because right now you can't just walk into a bank at Panama or Cayman Islands and say "i want to open an Investment account". It requires at least 4-10k in paperwork to set up a corporation, plus legal fees so that the local lawyer can assure the financial institution that everything is well & nothing will cause feminazi cunts from USA or Canada to cause any issue with the local people.

If you're just wanting "not to disclose" assets from 50,000$+, Panama is, or was, the ideal way.

Belize is another offshore haven, but that country is currently subject to blacklisted under FATCA and Canadian tax treaty from the authorities. You have to be really careful when transferring Assets from Canada/USA these days. It wasn't like before, which is why a client really needs to study it carefully, hiring lawyers in that country to facilitate the process easier.

That female teacher who withdrew over 10k for her under-aged sex toy appeared to be free to withdraw cash at her free will to fuck some underaged boy, but any single man who wants to withdraw that amount is likely to be placed on a list under FATCA or Canadian FINTRAC.
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#37

Protecting Your Money/Assets Incase Of A Divorce

@ Running Turtles:

Offshoring cash isn’t illegal unless it is not declared, but the stereotype of “Money Laundering” is a feminist premise.

How come if a man wants to purchase a 10,000$ ring for his wife, or to purchase overpriced real estate, no one accuses the man of anything, but soon as a man wants to spend his own Savings, he is likely to end up “flagged” under FATCA (USA) or FINTRAC (Canada).

The easiest way to disprove feminist-economy claims is to produce Invoice/Sales Revenue from a company to equal the cash at hand in question. That’s all I’m gonna say before Roosh turns nervous and shaky.
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