Divorce Contract Assumption

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TaxGuy

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This topic contains 8 replies, has 7 voices, and was last updated by Member  Member 4 years, 3 months ago.

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  • #132894
    +8
    TaxGuy
    TaxGuy
    Participant

    So here’s a little story about the ASSUMPTIONS in a divorce contract. Now, I’ve read contracts my entire professional career and you are always looking to make it as clear and concise as possible, so there is no ambiguity.

    I signed the divorce papers in January and it was just finalized a couple of weeks ago. What drug the process out was my ex stalling on filing the paperwork. Getting the loan on her car transferred into her name, health insurance, not wanting to take mandatory parenting classes, the list goes on. I have both an IRA and a 401K at work, she of course hasn’t saved one dime for retirement in 49 years, so we are just spitting the money I saved. The divorce papers says she gets 60% of the balance in those accounts as of January 1, 2015. Seems pretty simple right? No ambiguity at all.

    So, now that the divorce is final, she tells me that she needs a current statement from those two accounts.
    Me: No, you don’t, because you get 60% of the balance at January 1. It doesn’t matter how much is in the account now.
    Ex: No, I’m entitled to 60% of the gain since then.
    Me: Bulls~~~. The contract says it’s 60% on that day. What happens after that is none of your concern.
    Ex: Well, my attorney says that’s just standard.

    Guess what guys, she’s right. Unless you specifically state that she is NOT entitled to the gain during that time, it is ASSUMED that you meant for her to get that money. The divorce courts are so slanted in women’s favor that there are unspoken assumptions in the contract to benefit her that you have to specifically take away.

    OK, so here’s the punch line to my story. Those two accounts are down about 3,000 dollars for the year (which I knew when she started this crap). So she is ENTITLED to a loss of 1,800!!

    Karma’s a bitch, but then again so is my ex…… And women wonder where all the good men are.

    Order the good wine

    #132946
    RoyDal
    RoyDal
    Participant

    Karma is a bitch indeed!

    Society asks MGTOWs: Why are you not making more tax-slaves?

    #132959
    +1
    MattNYC
    MattNYC
    Participant
    2329

    Sounds like your x is entitled to the loss + your foot up her ass.

    Thanks for sharing – i had no idea that s~~~ like this was standard. WTF other assumptions are out there waiting to ambush some unsuspecting SOB?

    #133201
    RedDawn
    RedDawn
    Participant
    1391

    Playing dumb and then ‘surprising’ them is probably the most powerful tool men have against women..

    Courage is the key to life itself - Morgan Freeman

    #133204
    NioZen
    NioZen
    Participant
    856

    60% though? 50% would be bad enough, 60% is insulting. What, she has a controlling share of TaxGuy’s Ass Corp?

    Well, there you have it gentlemen, if you marry you are OFFICIALLY a wage slave.

    Jesus, this ‘marriage’ proposition just sounds better and better every day….

    null

    We only dream this bondage. Wake up and let it go. - Vivekananda

    #133269
    +1
    TaxGuy
    TaxGuy
    Participant

    Lucifer:

    60% is a story all of it’s own. I’ll share that one some weekend evening over a c~~~tail or two, or three. That’s a Soldier Medic BS from my Ex story all on it’s own!! But don’t worry, not ALL women are like that, just every one I’ve ever dated……

    Stealthy: If you are still reading this, have you done anything to protect yourself against the wife getting half of the empire you are setting up? The main reason I would say to get divorced sooner rather than later is that you don’t want your company taking off while she still has a legal right to half of your stuff. Same goes for the rentals.

    Order the good wine

    #133316
    Mr. Spock
    Mr. Spock
    Participant
    10924

    I think 60% is the benchmark they use for division of all assets. When I went through my divorce, that was the magic number that my attorney kept throwing around. In the end the split was 62-38 in her favor. My attorney said that a split like that would be in my best interest if I didn’t want to pay alimony. We were married for 9 and a half years and had no kids. I live in the US and the laws may be different from state to state.
    Just my two cents and hopefully the information can be helpful to somebody else.

    Feminism isn't about equality with men, it's about leverage over men.

    #133356
    TaxGuy
    TaxGuy
    Participant

    Mr. Spock: The first thing I heard about marital law is that there is very little law in marital law. If two people will agree to it, within reason, a judge will typically sign off. That said, if it gets nasty, the woman will typically win. Why? Because it’s typically the woman that gets nasty. Don’t believe me?

    In my case I was not willing to commit perjury to get what I wanted. I was the only one not willing to commit perjury to get what they wanted. My honor and integrity didn’t have a price. I was the only one whose honor and integrity didn’t have a price. NAWALT, right? She had zero problem telling me that she was going into court and lie to the judge to get what she DESERVED. I tried to point out to her that, if you must commit a felony to get it, you probably DON’T deserve it. However, that logic didn’t resonate with her. Even though the divorce was her idea, she was the victim, she was butt-hurt, and she was going to have her revenge on me.

    In short, 60% did not buy my way out of alimony.

    And women wonder where all the good men went….

    Order the good wine

    #133476
    Member
    Member
    Participant
    323

    Most people have no clue how jacked up the divorce/child custody system is until it’s too late. The short version of it is this…

    – Marriage is a BUSINESS contract which favors the women the majority of the time. Don’t ever let anyone tell you that it’s not a BUSINESS contract first and foremost! That always gets lost in the Love and Marriage speeches that are drummed into our head since birth.
    – Unless you are very deliberate and plan ahead you will suffer significant loss in any divorce whether kids are involved or not. If you have kids with her its almost certain it ends up that way.
    – Don’t ever put your girlfriend or wife’s name on any bank accounts, vehicle titles, mortgage agreements etc. It has absolutely no advantage to anyone but the woman in that situation and will come back to haunt you when you split.
    – Do not let a girlfriend or wife deposit or withdraw money into your bank accounts or make payments in her name to your mortgage company or other bills. It is considered co-mingling of assets in many situations and can give her legal claim to a portion of your accounts or home. If she insists on helping pay for bills that is great…..have her give you cash or a personal check but do not let it get deposited or paid directly to your accounts.
    – DONT put her name on any accounts of assets….I am saying this again to get the point across.

    And finally marriage is BUSINESS contract that favors the woman no matter how it ends and the stats say that it will. Don’t let your priest, mom, or college roommate ever tell you otherwise.

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