Where to hide money to plan an exit?

[Anonymous]

I always travelled regularly for work and back in 2004 we were allowed (expected) to charge travel expenses to personal cards and file for reimbursement. When I saw marriage starting to tank, I opened a safe deposit box at another bank, cashed my expense account checks there and put the cash in the box. Accumulated over $25K before divorce proceedings precluded anymore financial games.

[Anonymous]

I would purchase gift cards in the amount of $100 from the grocery store every so often (4weeks). It's inconspicuous I would avoid cash because you cannot claim your money if a house fire breaks out. Do the gift cards, activate them and register them. Before purchasing gift cards ask what's their policy of lost or stolen and how would you go about filing a claim. What documentation would they require?

[Anonymous]

Melania is that you?

[Anonymous]

Yes dahling, I've been doing this for years and have prepaid for my hair services, nails, housekeepers, nannies etc for the next 15 years. That way, I can still be a kept woman until my settlement. One cannot thing small on these matters.

[Anonymous]

*think** instead of thing

[Anonymous]

My sister gave me little bits of cash to hold for her as she was moving toward a divorce. I put it in a savings account for her. She let me keep the interest since I paid the taxes on it, but after her divorce was over, she got her cash back.

[Anonymous]

+1 to making sure all account & password info, which you already have, is also stored offsite somewhere (office, home of family member or friend...)

I think it's very prudent to have assets to which you can be sure to have access during separation and divorce. I'm assuming that your income alone wouldn't be enough to carry you for a while?

+1 to transparency for appearance's sake during proceedings--but still-you need to be sure you can get yourself and kids through the worst. A modest amount of cash held by a friend/relative would be the way I'd go, though I also like the idea of accounts for kids or gifts to parents.

[Anonymous]

It’s illegal but a safety deposit box.

[Anonymous]

Anonymous wrote:

Anonymous wrote:You can't steal enough money from the marriage to make much of a difference. And if your husband finds out what you are doing, the extra lawyer bills will wipe out any money you steal.

I was willing to have a nice vanilla divorce from my ex, but when I found out she was stealing family money, and how much, I fought her like the Devil.

By the way, any men reading this: this thread shows how women thing--it's all about the money. Your relationship is about you working hard so they can spend, spend, spend.

Uh, no. It’s about a woman in an abusive relationship trying to protect herself and her kids. She’s not spending it on a trip to the mall. And most women work just as hard as men, if not harder.

No wonder your wife left you.

She's in an abusive relationship? Says what impartial third party? If her husband is the abuser she claims, he'll be in jail shortly and she will have access to all of his money. If he is as abusive as she claims, she will get 85 percent custody of the children along with a gigantic child support check, plus alimony, the house, and and half the assets. It sounds like she is asking for advise on how to steal from the marriage without getting caught.

By the way, I left my wife, and filed. The OP and my ex sound a lot alike.

[Anonymous]

This is fraud. It is theft of marital property. If a husband shouldn't do it then a wife shouldn't do it.

[Anonymous]

As far as I can tell op isn’t trying to permanently hide the $. Yes, if she wanted to truly hide it, it would be fraud.

I think she wants to set some aside for her own access, should she need to get away.

Eventually, she’d get her share or be able to pay for kids stuff ok her own.

The reason for hiding isn’t fraud; it’s to not trigger suspicion that she wants to leave.

Op, if I put too many words in your mouth, speak up.

[Anonymous]

Anonymous wrote:This is fraud. It is theft of marital property. If a husband shouldn't do it then a wife shouldn't do it.

Withdrawing money from a joint bank account is theft of marital property?

[Anonymous]

No that's illegal

[Anonymous]

Anonymous wrote:This is fraud. It is theft of marital property. If a husband shouldn't do it then a wife shouldn't do it.

I agree.

[Anonymous]

Anonymous wrote:

Anonymous wrote:This is fraud. It is theft of marital property. If a husband shouldn't do it then a wife shouldn't do it.

Withdrawing money from a joint bank account is theft of marital property?

It is if the money disappears. She can take half, and deposit it in another account, making sure there is a paper trail to show the lawyers and judge.

BTW when my friend saw his checking account emptied (to the tune of $20,000), he figured his wife was planning a divorce. But she still took nearly two more years to file. In the meantime, with the lead time she foolishly gave him, he moved about $500,000 into safe places. Today he owns the family home, the children live with him, and his ex is working as a house cleaner to make ends meet.