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 How do you guys protect your assets in a divorce?, Question for non-muslim

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hksgmy
post Dec 27 2023, 12:56 AM

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If, knock on wood, wife and I decide to part ways, I’m more than happy for her to take her half. Or more. We built our lives up together, if not for her steady income funding my postgraduate education and examinations and her giving me financial peace of mind for me to just be able to do what I am good at, I wouldn’t be as successful and as accomplished as I am today. I owe her at least that much.

Money I can always make again.
Prometric
post Dec 27 2023, 09:08 AM

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No such thing as 50/50 in Malaysia. Unless the property she got name also.
TSlindtra
post Dec 27 2023, 09:29 AM

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QUOTE(hksgmy @ Dec 27 2023, 12:56 AM)
If, knock on wood, wife and I decide to part ways, I’m more than happy for her to take her half. Or more. We built our lives up together, if not for her steady income funding my postgraduate education and examinations and her giving me financial peace of mind for me to just be able to do what I am good at, I wouldn’t be as successful and as accomplished as I am today. I owe her at least that much.

Money I can always make again.
*
Congratulations, you found a good wife who would live through the good and bad with you. But not many men would be as lucky as you.

I think my question is more applicable to some affluent people who marry their wives just to sit around and enjoy good life. They don't have the opportunity to go to the test of time, through good and bad, doing absolutely nothing in their lives, other than just being their trophy wife.

Nothing wrong with that I suppose, but when things don't go well, their sense of entitlement is disproportionate to their past contribution.
hksgmy
post Dec 27 2023, 09:43 AM

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QUOTE(lindtra @ Dec 27 2023, 09:29 AM)
Congratulations, you found a good wife who would live through the good and bad with you. But not many men would be as lucky as you.

I think my question is more applicable to some affluent people who marry their wives just to sit around and enjoy good life. They don't have the opportunity to go to the test of time, through good and bad, doing absolutely nothing in their lives, other than just being their trophy wife.

Nothing wrong with that I suppose, but when things don't go well, their sense of entitlement is disproportionate to their past contribution.
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Agree. Trophy wives only contribution is bragging rights and that’s not worth shit.
Pip_X
post Dec 29 2023, 03:25 PM

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Malaysia got pre-nup??
SUSPatthelol
post Feb 15 2024, 04:30 AM

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One thing that helped me was keeping good records of my assets, especially the stuff I had before getting married. And try to keep your personal money separate from joint accounts if you can. It just makes things clearer if things go south.
Some folks use trusts to protect their assets. Sounds fancy, but it's basically just a legal way to keep your stuff safe. You'll need a lawyer to set it up right, though.

When solving my problems, I got in touch with these affordable divorce lawyers. They guided me through the process and helped me to keep my assets.

This post has been edited by Patthelol: Feb 20 2024, 03:25 AM
hoonanoo
post Feb 15 2024, 09:10 AM

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hoonanoo
post Feb 15 2024, 09:14 AM

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QUOTE(hksgmy @ Dec 27 2023, 12:56 AM)
If, knock on wood, wife and I decide to part ways, I’m more than happy for her to take her half. Or more. We built our lives up together, if not for her steady income funding my postgraduate education and examinations and her giving me financial peace of mind for me to just be able to do what I am good at, I wouldn’t be as successful and as accomplished as I am today. I owe her at least that much.

Money I can always make again.
*
https://www.scmp.com/news/hong-kong/law-and...r-hong-kong-who

Good to know that you appreciate your wife.

this Msian-HK doctor yoga ball gassed his wife but also accidentally killed his daughter, because he wanted to marry his younger pretty HK assistant as he was very unhappy with his wife method of raising his 3 children.

And he is so cheapskate despite being a HK professor, that he wouldn't want to part a cent in any divorce to his wife, even though his wife gave birth to his 3 children and raised them herself.
OnePiece999
post Feb 15 2024, 02:19 PM

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if you dont tell nobody would know, so just keep quite

This post has been edited by OnePiece999: Feb 15 2024, 02:19 PM
shunner19
post Oct 10 2024, 04:31 PM

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QUOTE(MasBoleh! @ Dec 26 2023, 01:21 PM)
How about shares and other kind of assets that easily liduidate?
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Curious about this, anyone got any idea, I have 7 digits in IBKR, I doubt divorce courts can trace that, but just want to be sure. What about EPF, can they touch it?
dwks
post Oct 10 2024, 06:28 PM

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QUOTE(hksgmy @ Dec 27 2023, 12:56 AM)
If, knock on wood, wife and I decide to part ways, I’m more than happy for her to take her half. Or more. We built our lives up together, if not for her steady income funding my postgraduate education and examinations and her giving me financial peace of mind for me to just be able to do what I am good at, I wouldn’t be as successful and as accomplished as I am today. I owe her at least that much.

Money I can always make again.
*
The only dude here, rest just cheapskate who think raising children is sitting at home and enjoying life.

Talking from experience from been raised by single mother
wigneswr
post Oct 10 2024, 06:31 PM

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Lots of personal opinions being offered here with very little actual examples.

jayb2
post Oct 10 2024, 08:00 PM

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QUOTE(wigneswr @ Oct 10 2024, 06:31 PM)
Lots of personal opinions being offered here with very little actual examples.
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Yeap some people even taking opportunity to seek self validation here... the one talking about non trophy wife funding him. Such a waste of post space as out of topic..without offering advice related to post.

This post has been edited by jayb2: Oct 10 2024, 08:09 PM
The Retailer
post Oct 10 2024, 08:10 PM

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QUOTE(lindtra @ Dec 27 2023, 09:29 AM)
Congratulations, you found a good wife who would live through the good and bad with you. But not many men would be as lucky as you.

I think my question is more applicable to some affluent people who marry their wives just to sit around and enjoy good life. They don't have the opportunity to go to the test of time, through good and bad, doing absolutely nothing in their lives, other than just being their trophy wife.

Nothing wrong with that I suppose, but when things don't go well, their sense of entitlement is disproportionate to their past contribution.
*
🤔 thats a bad pov.

The husband want to give, then give lor, give d so much kikat, not sincere tu.

Its a bad relationship if either side think their “contribution” more atas. Thats a signal of a bad lousy insecure husband


nelson969
post Oct 10 2024, 10:14 PM

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i suggest everything in black and white , discuss with your divorce lawyer.

the drama will be none stop, especially the parent in law and your parent
Lembu Goreng
post Oct 10 2024, 10:20 PM

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Open offshore account and don't tell her about it
B0ss_ku
post Oct 11 2024, 06:23 AM

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QUOTE(jerm57 @ Dec 26 2023, 01:02 PM)
sweat.gif  sweat.gif  that's why divorce is usually best negotiated with a legally appointed mediator.

Anyway, I had a blacksheep uncle who never kept any asset or money under his own name. He had shell companies set up and confidantes to hold his assets. So in his 3 divorces, he just left them high and dry.
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Wow

It took him 3 marriages to realize it's not for him?
Calvin Seak
post Oct 11 2024, 06:56 AM

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QUOTE(lindtra @ Dec 26 2023, 11:35 AM)
From my research, prenup seems to be none binding in Malaysia. But may be used as a reference in court, seems ambiguous as to how much of weight it carries in court as it doesn't guarantee the conditions of prenup.

My questions to non-Muslims, how do you protect your assets in the event of divorce? Also, what is the "default" entitlement for man and woman, is it 50/50?

Men who are going through it or with past experience, what have you done or think you should have done earlier? Did you manage to win any dispute, if you had any in the past regarding this matter?
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Hey bro hope things are going good for you

For your question, please take everyone's opinion with a pinch of salt.. The only person qualified to answer you is a lawyer with experience

From my understanding even if people suggest you to liquidate the assets that you have and put it somewhere else so that on paper it doesn't belong to you

The court will trace back all transactions that has been transffered out within 3 years..

The reason why I know this is that I am a real estate agent for luxury condos and a client is going through a divorce and asked me for advice regarding his properties, so I seeked council from the lawyers I've met throughout my career
gashout
post Oct 11 2024, 07:51 AM

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QUOTE(dwks @ Oct 10 2024, 06:28 PM)
The only dude here, rest just cheapskate who think raising children is sitting at home and enjoying life.

Talking from experience from been raised by single mother
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agree to that, men and career think money is everything, forgetting women spent their whole lifetime, sacrificing careers, become stay home mother, bringing up their functional children. that money cannot even put a number to it.

even bring in examples of trophy wives, there is a reason why there are trophy wives, pay for your bragging rights. if cannot afford, then best be single and humble.

friedricetheman
post Oct 11 2024, 09:02 AM

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Here’s the thing. Your lawyer can use a negotiator to negotiate with your soon to be ex spouse’s lawyer on assets allocation. Usually there is no need to go to court as they will come to an agreement.

I believe the important thing is not asset allocations but the kids. The guardianship, control and custody of the kids is more important.

If you need a good divorce lawyer, you can PM me.

This post has been edited by friedricetheman: Oct 11 2024, 09:14 AM

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