WOW my friend just caught his wife up!!

You should stick to things you know before giving "SOLID" advice.
The funny thing is I know about the situation as I have gone through it. with someone else and it has worked for them. The advice was given by a lawyer and a financial consultant hired by my mother for her second divorce. There is no way for her to go after a relative, as they are not involved with the case. Selling the house for $100 is not what I was getting at. No money has to be physically exchanged. You'll have to set an agreement to pay the taxes on the sold property for the trustee, but its cheaper than losing the property altogether. She doesn't have to know anything. Hence the reason I never said to give items away.

If you have better idea, since you're the end all of knowledge of this situation, I'd like to hear them. Until then STFU & GTFO.

 
If the money or items are premarital then nothing really needs to be done in most cases. Selling many items to family or friends makes usually no sense. You will still be required to cover half the market value in most judgments. I don't know about going after mom, but they certainly will make you responsible for that asset when it comes down to splitting assets.
But it would be up to her to prove that you sold for the purpose of hiding assets or sheltering verus something such as a liquidity crisis.

 
The funny thing is I know about the situation as I have gone through it. with someone else and it has worked for them. The advice was given by a lawyer and a financial consultant hired by my mother for her second divorce. There is no way for her to go after a relative, as they are not involved with the case. Selling the house for $100 is not what I was getting at. No money has to be physically exchanged. You'll have to set an agreement to pay the taxes on the sold property for the trustee, but its cheaper than losing the property altogether. She doesn't have to know anything. Hence the reason I never said to give items away.
If you have better idea, since you're the end all of knowledge of this situation, I'd like to hear them. Until then STFU & GTFO.
That is not how you put it. Dissipation is usually not a good idea. So for you to apply it in his case is just asinine until you know everything about his case and the state laws.

1 personal incident doesn't equate to knowing about the subject matter nor can what you experience just simply apply to all cases. In fact is your advice doesn't apply to a majority of them.

I never said anything about going after the relative //content.invisioncic.com/y282845/emoticons/fyi.gif.9f1f679348da7204ce960cfc74bca8e0.gif

Also you clearly talked out your *** on the cheating/alimony thing. Don't get pissy because you rode in on an over generalized street theory.

I do have a better idea. Get a lawyer and listen to him/her.

 
But it would be up to her to prove that you sold for the purpose of hiding assets or sheltering verus something such as a liquidity crisis.
It isn't that hard and most judges will sniff shit like that from a mile away. The system isn't full of dumbasses. Well, actually it may be. I can only speak on behalf of what I have seen and heard countless times. There are of course variable like anything and there is no 1 answer. That's why it is best to seek counsel before making any move at all.

 
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