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Topic: Divorce's new weapon - page 3. (Read 8072 times)

sr. member
Activity: 406
Merit: 250
June 05, 2014, 03:26:55 PM
#76
You do want to make sure you're buying the bitcoin well in advance of any troubles or divorce though.  If you have $100,000 in your bank account and suddenly it's gone and you claim you don't have any other assets, it's not going to work during divorce proceedings.

My Father in law is an attorney. They excel at finding that kind of stuff. You could only move currency in small amounts over a period of time.

What happens if you move it all over to bitcoin, keep it, but say you lost it all at an online bitcoin casino?  Never getting married but that would be my go to play.

Then you run the risk of gambling charges and perjury if they can prove otherwise.
newbie
Activity: 37
Merit: 0
June 05, 2014, 03:21:01 PM
#75
it is not very clever. agree, all those who have money can put them where they want to
legendary
Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
June 05, 2014, 01:53:02 PM
#74
My Father in law is an attorney. They excel at finding that kind of stuff. You could only move currency in small amounts over a period of time.

Hmm.... so you are saying that people should be planning for their divorce at least 1 year in advance.  Grin No probs for me. More than half of my net wealth is stored in Bitcoins. And know what? My wife (or my other family members) don't even know what Bitcoin is.  Grin

You are cheating on your wife with Bitcoin?  Say it isn't so....haha jk
hero member
Activity: 1328
Merit: 563
MintDice.com | TG: t.me/MintDice
June 05, 2014, 11:50:11 AM
#73
You do want to make sure you're buying the bitcoin well in advance of any troubles or divorce though.  If you have $100,000 in your bank account and suddenly it's gone and you claim you don't have any other assets, it's not going to work during divorce proceedings.

My Father in law is an attorney. They excel at finding that kind of stuff. You could only move currency in small amounts over a period of time.

What happens if you move it all over to bitcoin, keep it, but say you lost it all at an online bitcoin casino?  Never getting married but that would be my go to play.
sr. member
Activity: 406
Merit: 250
June 05, 2014, 09:13:10 AM
#72
My Father in law is an attorney. They excel at finding that kind of stuff. You could only move currency in small amounts over a period of time.

Hmm.... so you are saying that people should be planning for their divorce at least 1 year in advance.  Grin No probs for me. More than half of my net wealth is stored in Bitcoins. And know what? My wife (or my other family members) don't even know what Bitcoin is.  Grin

If you want to hide it yes, a lot of marriages end so quickly that it would be impossible to do it.

I am divesting from fiat as quickly as I can as well. My wife knows about my bit coin but she doesn't know how much I have.   
member
Activity: 112
Merit: 10
June 05, 2014, 08:55:37 AM
#71
This is an interesting topic. I'm sure there have been many early adopters who have found love after the BTC boom and didn't necessarily disclose all of their BTC details to their spouse. This happens all the time whether it's with BTC, cash, precious metals or diamonds.
legendary
Activity: 966
Merit: 1000
June 05, 2014, 08:45:42 AM
#70
My Father in law is an attorney. They excel at finding that kind of stuff. You could only move currency in small amounts over a period of time.

Hmm.... so you are saying that people should be planning for their divorce at least 1 year in advance.  Grin No probs for me. More than half of my net wealth is stored in Bitcoins. And know what? My wife (or my other family members) don't even know what Bitcoin is.  Grin

But they will find this post, and you are done  Grin
legendary
Activity: 3766
Merit: 1217
June 05, 2014, 08:13:55 AM
#69
My Father in law is an attorney. They excel at finding that kind of stuff. You could only move currency in small amounts over a period of time.

Hmm.... so you are saying that people should be planning for their divorce at least 1 year in advance.  Grin No probs for me. More than half of my net wealth is stored in Bitcoins. And know what? My wife (or my other family members) don't even know what Bitcoin is.  Grin
sr. member
Activity: 406
Merit: 250
June 05, 2014, 01:38:38 AM
#68
You do want to make sure you're buying the bitcoin well in advance of any troubles or divorce though.  If you have $100,000 in your bank account and suddenly it's gone and you claim you don't have any other assets, it's not going to work during divorce proceedings.

My Father in law is an attorney. They excel at finding that kind of stuff. You could only move currency in small amounts over a period of time.
sr. member
Activity: 434
Merit: 250
June 05, 2014, 01:31:27 AM
#67
i can see a new futuristic rap song about bitcoin... gotta get away from your bitch, gotta get them bitchcoins.
legendary
Activity: 3766
Merit: 1217
June 05, 2014, 01:23:05 AM
#66
It is impossible to hide your fortune in bitcoin within a few months. You need careful planning like setting cash aside monthly and only buy bitcoin from ATMs. There is only so much you can hide, cos you still need cashflow for mortgage and bills.

Heard that some of the Bitcoin ATMs even ask for your ID papers. Won't be a good idea then. Buying Bitcoins through Localbitcoins.com is also a bad idea. The logs can be accessed by the law enforcement authorities.  Grin
hero member
Activity: 700
Merit: 500
June 04, 2014, 01:46:26 PM
#65
You do want to make sure you're buying the bitcoin well in advance of any troubles or divorce though.  If you have $100,000 in your bank account and suddenly it's gone and you claim you don't have any other assets, it's not going to work during divorce proceedings.
legendary
Activity: 1789
Merit: 1008
Keep it dense, yeah?
June 04, 2014, 01:38:26 PM
#64
This is a bit silly considering anyone with access to money can put it anywhere. Gold, silver, cash ect.


This is not silly at all - it just add to the list of ways to hide money in case of divorce.


yeah, pretty much. buying gold, silver, or cash takes up a lot of space.. which makes it much more difficult to hide/conceal. with bitcoin, you could have millions of dollars and no physical object to hide.

You would only have to hide the wry smile of smugness from carrying out such an epic circumvention of funds Wink
sr. member
Activity: 434
Merit: 250
June 04, 2014, 01:29:56 PM
#63
This is a bit silly considering anyone with access to money can put it anywhere. Gold, silver, cash ect.


This is not silly at all - it just add to the list of ways to hide money in case of divorce.


yeah, pretty much. buying gold, silver, or cash takes up a lot of space.. which makes it much more difficult to hide/conceal. with bitcoin, you could have millions of dollars and no physical object to hide.
full member
Activity: 210
Merit: 100
June 04, 2014, 10:38:04 AM
#62
Don't worry.. it's the Daily Fail.. the only people who take this 'news'paper seriously, don't have the requisite IQ to use bitcoin.. but they love to be scared on a daily basis with xenophobic stories about bad immigrants stealing all the wealth from their country.
They are about as anti-libertarian as you could get from a newspaper.

The DailyMail refers to an article of FT.

Bitcoin could be used to hide assets in divorces, warn lawyers
http://www.ft.com/cms/s/0/d1131630-9005-11e3-8029-00144feab7de.html

For the rest, go live in UK and have a taste of the libertarianism Cheesy


full member
Activity: 210
Merit: 100
June 04, 2014, 10:16:22 AM
#61
This is a bit silly considering anyone with access to money can put it anywhere. Gold, silver, cash ect.


This is not silly at all - it just add to the list of ways to hide money in case of divorce.
legendary
Activity: 1061
Merit: 1001
June 04, 2014, 08:53:05 AM
#60
we need bitchcoin for this  Grin
legendary
Activity: 4256
Merit: 1313
June 04, 2014, 08:07:52 AM
#59
This is a bit silly considering anyone with access to money can put it anywhere. Gold, silver, cash ect.

It also doesn't mean that you still won't owe your ex-spouse the money from the judgement. I don't really see how bitcoin changes much is that regard.

What would be funny is lots of family law firms accepting bitcoin payments. Tongue

Exactly...if all your liquid assets quickly vanish in the midst of a divorce, you would get slapped with a judgement, and your wages would be garnished.   You would end up having to pay it back anyways, unless you plan on never working another W2 job in your life...

Easy as all hell as a professional poker player. Ship it.

Better advice is just not to get married. Especially if you are a remotely intelligent, motivated and successful male. Don't get freerolled gents.

And if you want to get married, get a pre-nup. A woman/man with good motives won't have a problem signing on - if you are going to be together forever, it will never come into play, so unless she/he intends to marry for money, it will never come up.



You realize those things slowly degrade over time, right?

I'm not opposed to giving women money after you've been together for a while, esp if you are the breadwinner, but when I'm moderately wealthy and they are dead broke (they always are), and they aren't motivated to change/study/etc (only shop for shoes), giving them anything past (like half) what I would deem fair would be mind blowing.

You have a problem still that if you don't marry a women you get this common law marriage thing that comes into play after 10 years together or something anyway so you have to get a contract around that as well.

But even if you get a pre-nup, fucking why?  How does it help anything?  You really want some stupid piece of paper?  And don't talk about tax benefits and this hospital garbage.  Not even close to ev on divorce costs, marriage costs, life liquidity, etc.

Perhaps in some jurisdictions, not all.
newbie
Activity: 43
Merit: 0
June 04, 2014, 07:38:44 AM
#58
You have a problem still that if you don't marry a women you get this common law marriage thing that comes into play after 10 years together or something anyway so you have to get a contract around that as well.

We're living in the 19th century now?
hero member
Activity: 1328
Merit: 563
MintDice.com | TG: t.me/MintDice
June 04, 2014, 07:12:08 AM
#57
This is a bit silly considering anyone with access to money can put it anywhere. Gold, silver, cash ect.

It also doesn't mean that you still won't owe your ex-spouse the money from the judgement. I don't really see how bitcoin changes much is that regard.

What would be funny is lots of family law firms accepting bitcoin payments. Tongue

Exactly...if all your liquid assets quickly vanish in the midst of a divorce, you would get slapped with a judgement, and your wages would be garnished.   You would end up having to pay it back anyways, unless you plan on never working another W2 job in your life...

Easy as all hell as a professional poker player. Ship it.

Better advice is just not to get married. Especially if you are a remotely intelligent, motivated and successful male. Don't get freerolled gents.

And if you want to get married, get a pre-nup. A woman/man with good motives won't have a problem signing on - if you are going to be together forever, it will never come into play, so unless she/he intends to marry for money, it will never come up.



You realize those things slowly degrade over time, right?

I'm not opposed to giving women money after you've been together for a while, esp if you are the breadwinner, but when I'm moderately wealthy and they are dead broke (they always are), and they aren't motivated to change/study/etc (only shop for shoes), giving them anything past (like half) what I would deem fair would be mind blowing.

You have a problem still that if you don't marry a women you get this common law marriage thing that comes into play after 10 years together or something anyway so you have to get a contract around that as well.

But even if you get a pre-nup, fucking why?  How does it help anything?  You really want some stupid piece of paper?  And don't talk about tax benefits and this hospital garbage.  Not even close to ev on divorce costs, marriage costs, life liquidity, etc.
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