How can I put money away so that it can't be touched by my spouce in case of divorce?

Answer 1

use a safety deposit box that isn't common knowledge that you have or make a cash gift to someone you trust to keep it until you ask for it back

Answer 2

Even if you open an account in your name only, in a divorce settlement, where both of you must reveal $$$ you would have to reveal it... Further, since some of these silly banks pay you interest, he would see at the end of the year that you received a statement stating that the bank paid you $.41 and then you would have to fess up that you had an account that you just sorta forgot about.

Absolutely and positively a total secret? A stash of cash in a box somewhere in the yard, deep....hidden in the duct work of your house, or taped in back of the bathroom sink and other such places

You can also take out a little business license, open a checking account and for several months let him see the statements.... then have them transferred to your PO box---but again, see paragraph 1.

Answer 3

There are some 'good' answers here.

A Swiss account is safe from divorce. However, a clever attorney will ferret out the payments made to the account (Bank transfer records). These monies at the time of deposit were communally owned and the attorney will go after half what you put in. He may not get it from the account itself, but he'll get it.

A bank account in your solely in your name is considered separate property providing it existed before marriage (up to the amount in the account at the time of marriage). Make it in your name only after you are married and it wont matter, she'll get half via the mechanism I outlined above. You put in 1000.00 after marriage and she is entitled to 500.00

Cash is probably the best way to go. Cash in a cigar box. Cash in the mattress. Whatever you do, don't put it in the bank. Now there is a record of the monies and she gets half (providing she discovers the account).

And Judges don;t like it when you lie to them. During the divorce, paperwork will be filed which has language stating you have listed all assets you know...and by omitting accounts you are committing perjury. So be careful.

The only way to increase the odds of shielding assets is a prenuptial. And even then it isn't a guarantee.

Answer 4

That's a crazy question. Just in case you get a divorce? If you're a woman you shouldn't be asking this question anyways, because we know how to put money away for whatever situation that may come along.

Answer 5

did you ever think that planning what do if you fail just sets you up to fail? So what you wanna do is lie to your spouse about money or an account that you have just in case you decide to get a divorce, so then your spouse cant take money that the law says they deserve even though most likely you will probably want his/her money. i be you guys have long happy marriage. it may even last 5 or 6 months.

Answer 6

make an account in your name only (just go to the bank and open an account) That will stop access from now.. but in a divorse, you have access to everything the other person has, including debt

Answer 7

Open a personal account in a bank and keep it secret.

Answer 8

Put it in a safe deposit box that he does not know about...
Put it in an bank account that he does not know about..
Have a trusted relative save it for you somewhere...

Answer 9

Find a spot in your purse and start tucking it away. Never let on that you have money hidden and you should be fine.

Answer 10

call the swiss and create an account with them. Seriously though, I agree with brent.