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  1. A Change of Season
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    Protecting money made from coding php


    I have saved a fair bit.

    I keep hearing when people break up no matter what half of their home, savings, car and other possesions go to the ex. Even if been in a de facto relationship.

    I am living with my girfrield and my friend who is a lawer just told me about this. He said if we break up she can take half of my savings! It seems to be true!

    I asked for a solution he said pay the money to someone you trust (sister for example), open a bank account in Switzerland and get your trusty person to transfer the money there.

    That way if you break up government is not allowed to follow up the money more than 1 source.

    Does anyone have any useful comments, experience or ideas?

    Thanks
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    Your lawyer told you that she could take half your stuff if you break up with her?
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  5. Sarcky
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    Yeah that's not true in the US at least. If you're married she can take half the martial assets. if you're not she gets nothing. Maybe you should talk to her about this and not a lawyer. Also, stop posting in public about having 50 grand if you're worried about a vindictive ex
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    In Canada common law couples are treated differently in each province. If a lawyer told you that it applies wherever you live it, is most likely true. I know for some provinces, after so long of being a couple(6 months - 2 years usually) you are considered the same as a married couple. With all the tax benefits and everything else that would come with it. I'm not sure if this would be your best bet, but you might consider having a trusted person make a corporation under their name and you could bill the corporation as a freelancer as needed. But again not sure if that would work or be the best option as incorporating cost money and more work required when doing taxes.
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    Originally Posted by ManiacDan
    Also, stop posting in public about having 50 grand if you're worried about a vindictive ex
    Wasn't neccessary dan.

    Yes in NewZealnad it's called de-facto relationship. It's the ship that never sinks.
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  11. Sarcky
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    It was necessary, you have two recent threads. One about having a huge amount of cash, another about how you want to stop your girlfriend from getting that cash. If you're really that worried (and aren't dumping her for some reason) then you shouldn't be advertising your cash reserves.

    not being a lawyer or citizen of NZ, that's really all the advice I can give. Get a real lawyer you really pay and who specializes in this kind of thing. Not a buddy who may or may not know what he's talking about.

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    • medialint agrees : A little like walking away from an ATM announcing "Geez I hope no one ROBS ME OF THE FIVE HUNDRED DOLLARS I JUST WITHDREW" ;-)
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    Lost in code
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    In the US it varies by state too, but I'm pretty sure that most US states don't recognize common law marriage at all (except coming from another state that does).
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    Originally Posted by E-Oreo
    In the US it varies by state too, but I'm pretty sure that most US states don't recognize common law marriage at all (except coming from another state that does).
    It isn't just a little dependent on which state, its entirely dependent on which state. There is no federal law covering this (and shouldn't ever be).

    As far as NZ goes... there are enough wacky laws there that I'd definitely check with a lawyer who is an expert in property law. Its totally possible you could get screwed.

    Ironically, one way to save yourself from this would be to get married and introduce a prenup in the process. Then you disambiguate the situation, probably make her happy, and probably move on with the next phase of your life all at once (you're not getting any younger...).
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    I just looked into it a bit. on a new zealand government website(sorry cant post links) It defines relationship property and separate property. One thing that is listed under relationship property, "property such as salary or wages which comes in during the relationship". Something thing to note though "In most cases, the Act only covers de facto couples who have lived together in a de facto relationship for at least three years."

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