Siphon the money, prior to filing for divorce

[exp1026]

Ok, so, long story short, 16 years in marriage, I earned 95% of everything we have, she cheated on me. So, I want to siphon the money out of our accounts, prior to filing for divorce. We have house that is 100% paid off. I want to finance the cash-out (80%) and take the money and stash it. This, plus some credit cards that allow me to transfer money into my checking account, would significantly reduce the equity we have, so if she does not agree to fair split, I would be ok with 50/50, since the equity would be very small. After divorce is finalized, I would pay these debts back. All this would be done prior to filing for divorce. Now, my question is, is this legal, and what should I watch for. I am in Texas.

[Fatheroffour]

If the court finds out that you tried to screw her over it could very well decide to screw you over harder.

Shaded honesty is the best policy.

[anonymous guest]

The court and lawyers will ask for your prior years financials. Mine asked for 6 years worth. So, there would be a clear trail of where the money went and they would ask what you did with it.

[exp1026]

So if i give myself, lets say 6 months, I could say that i spent it on whatever. Make several trips to Las Vegas, enroll my self in gambling addiction treatment and there you go. Does court have any say in how I spend my money during the marriage? During this time I would work on consolidation, go to marriage counseling etc., show a good will.

[Fatheroffour]

You can do or say whatever you want.

Just know that if it is ever discovered that you lied on the financials the entire case can be reopened and the court has the authority to make things right. Or righter than right to teach you a lesson. Assume a 50/50 split.

You're angry because you have supported her and she cheated on you. Now you want to hurt her back and extract your pound of flesh. That's understandable.

Don't let it cloud your judgement or lead you down a path that gives her the power to screw you over even more.

[minuette]

So if i give myself, lets say 6 months, I could say that i spent it on whatever. Or?

If you walk in and say "I took out $XXX thousand in cash over six months from the time my wife committed adultery, and lost it on the ponies(or spent it on whatever)," her $350/hr lawyer (which you will be paying for, I guarantee) will say "Your Honor, this is clearly a case of dissipation of assets; we request sole possession of the marital home and lifetime spousal support, with the plaintiff (that's you, OP, if you file first) ordered to repay the marital estate for all debts incurred in relation to the dissipation."

Sit down with a lawyer and brainstorm the best way to divide the marital estate (equitable, but leaving you in control of most of the liquid and near-liquid assets) and the best argument to make spousal support rehabilitative (no more than 8 years, preferably) rather than long-term or lifetime, given your history of sole financial support.

[exp1026]

That's if she has money to hire lawyer in first place, which she does not. Also, would it not be on them to prove it that it was intentional? What if it is a case that I was so emotionally disturbed that I developed gambling addiction? Who is to say I did not. That is not a crime, or? What if I drive her to file for divorce instead of me? I am not going to give that < female dog > one penny that I earned hard while she was ridng somebody else's ponny

[Fatheroffour]

You are setting yourself up for a hard education.

Carry on and good luck.

[BartSimpson]

Remember when I said that your last thread "jumped the shark"

And you said you didn't understand the meaning of that

And FoF hooked you up with wikipedia's explaination

Ah yes. Good times, good times. That was a fun thread.





You did it again.

[exp1026]

Remember when i said that your last thread "jumped the shark"

And you said you didn't understand the meaning

And FoF hooked you up with wikipedia's explaination

Ah yes. Good times, good times. That was a fun thread.



You did it again.

And your point is? No disrespect, but I am little slow