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Relationship Discussion (non-explicit)
Reply to "How do you “feather your nest” in preparation for a divorce? "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I highly doubt you can just flip your joint savings into a trust for your kids, file for divorce and have that get you out of paying him half of the “marital pot of money”. If you don’t have a prenup, all the money you’ve saved since you got married will be cut in half. If he gets a halfway decent attorney, you will be called out on your slick little move and still be on the hook. Also, default custody is 50/50. Your idea of a deadbeat parent will almost certainly not be the same as the judges. Many people stay married to abusive and alcoholic spouses because the court will often hand the abusive alcoholic 50% custody. [/quote] Giving his children a college fund isn’t “slick”. She supported him through graduate school and just wants the money she earned and saved to go to their kids college and not him. [/quote] You can put joint savings in a 529 anytime. You could also buy a convertible with joint savings, or give it to a friend. If it’s something like 100k in savings I would split it in a 529 for both kids. Better than paying him half. [/quote] +1. Do it before you divorce him. If he has any decency, he won’t try to take money away from his kis’ College fund. [/quote]
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