Divorce Support Forums: Arizona a 50-50 state, i have questions!!!!

If you have kids the court will take not only half your assets, but any house as well, with the woman being awarded custody. Add to this alimony, if she cannot make enough to support herself, and you are pretty well taken to the cleaners. Courts seem to have a principle maintaining that a woman and children "must be maintained in the manner to which they have become accustomed", but have no qualms about forcing a man to move out of his house and into a furnished room, or even a shelter, in order to provide for such care of his family. And all this simply because (in most cases) the man has done NOTHING WRONG and she is merely tired of him and wants her freedom. And why shouldn't she, if she can still have everything she had before the marriage AND MORE, be able to party and fornicate any time she wishes, and not have to cook or wash for him??

Any suggestion that this massive transfer of assets, from men to women, by way of "community" or "marital" property law is improper cannot be acted upon, as politicians consider the taking of any action to any possible disadvantage of the female gender to be the "third rail" of state politics, resulting in the immediate (political) death of the politician involved.

The only solution is to act EARLY ENOUGH, before any divorce, and either get your money out of the country, buy gold coins which do not have to be reported at sale (some do, some don't--check the web for dealers' sights for this info)* or place it in an instrument which involves a third party, whose rights will be unfairly tread upon if a court awards any of this to your wife. These include limited partnerships, trusts, and annuities. The more protection you get from judgements with these instruments, the more difficult it becomes for you, yourself, to get at your own assets. I personally prefer annuities, and Swiss annuities in particular. If the annuity only pays enough for you to live on, then they cannot attach the distributions, and even if they could, the legal costs involved to go after each payment would be prohibitive. By law, annuity distributions cannot be ordered paid to anyone but the beneficiary named in the contract. Quit work now, and live off the annuity. When you retire, your social security checks--and any accumulation of them--will, likewise, be immune to any judgements of any kind and, by law, cannot even be termed "property" for any legal purposes.

*Never put anything in a safety deposit box, if you don't want it given one-half to your spouse in the event of a divorce. Her lawyer will immediately locate the box and "seal" it for later inventory and "distribution".

Disclaimer: Not legal advice

Edited by jbar (05/31/08 05:49 PM)