theJ Posted August 19, 2020 Share Posted August 19, 2020 Just now, Matts4313 said: None of this is true. First off all, the judge will provide recourse if you empty an account. Secondly, unless there is a prenup, that money is both parties. Dont spit facts when you dont know what you are talking about. I mean, the court ruling would come later. It would be incredibly inconvenient short term. 2 Link to comment Share on other sites More sharing options...
Dome Posted August 19, 2020 Share Posted August 19, 2020 1 minute ago, Matts4313 said: He does have a point tho. Unless there is a prenup that money is shared anyways. Hell, if theyve been together for 8 years and I presume living together there is a solid chance they are common law married already and she had dibs on his savings. Not saying she would go after that, because people have morals. But she might be legally entitled. Right. I just don't think the main (or any) arguments for individual accounts to go along side your shared expenses account is so your wife doesn't take your money in the divorce. Link to comment Share on other sites More sharing options...
Matts4313 Posted August 19, 2020 Share Posted August 19, 2020 Just now, theJ said: I mean, the court ruling would come later. It would be incredibly inconvenient short term. Most cases like this can be heard by a judge within a month. There is literally no chance at what pwny said happening without jail and or a lawsuit. Link to comment Share on other sites More sharing options...
ET80 Posted August 19, 2020 Share Posted August 19, 2020 1 minute ago, Matts4313 said: None of this is true. First off all, the judge will provide recourse if you empty an account. Secondly, unless there is a prenup, that money is both parties. Dont spit facts when you dont know what you are talking about. No...if your name is on a signature card at a Financial Institution, there is nothing that can be done if an authorized signer walked in and got a Cashier's Check for the full balance. There is recourse from a legal perspective, but that isn't overnight - that takes time and money (which is now gone...) 2 Link to comment Share on other sites More sharing options...
Matts4313 Posted August 19, 2020 Share Posted August 19, 2020 1 minute ago, Dome said: Right. I just don't think the main (or any) arguments for individual accounts to go along side your shared expenses account is so your wife doesn't take your money in the divorce. Then there is no reason to keep it seperate. The literal only reason is if you think she is a reckless spender or will take it and leave. Thats it. Link to comment Share on other sites More sharing options...
Dome Posted August 19, 2020 Share Posted August 19, 2020 Just now, ET80 said: No...if your name is on a signature card at a Financial Institution, there is nothing that can be done if an authorized signer walked in and got a Cashier's Check for the full balance. There is recourse from a legal perspective, but that isn't overnight - that takes time and money (which is now gone...) Matts already said that NONE of it was true.. can't you read? Don't spit facts when you don't know what you're talking about. 1 Link to comment Share on other sites More sharing options...
Matts4313 Posted August 19, 2020 Share Posted August 19, 2020 1 minute ago, ET80 said: No...if your name is on a signature card at a Financial Institution, there is nothing that can be done if an authorized signer walked in and got a Cashier's Check for the full balance. There is recourse from a legal perspective, but that isn't overnight - that takes time and money (which is now gone...) Did you just reiterate what I already said? The recourse would be through a judge. That doesnt change the legal claim. Thanks for backing up what I said with a "no" - - I guess? Link to comment Share on other sites More sharing options...
pwny Posted August 19, 2020 Author Share Posted August 19, 2020 Just now, ET80 said: No...if your name is on a signature card at a Financial Institution, there is nothing that can be done if an authorized signer walked in and got a Cashier's Check for the full balance. There is recourse from a legal perspective, but that isn't overnight - that takes time and money (which is now gone...) Hey, don't worry that your spouse just took 10k from your joint savings account and fled the state, you'll get the money back when the divorce is figured out in 14 months. It doesn't matter that you have no money and the mortgage is due tomorrow, the courts will figure it out. It's no biggie. 2 Link to comment Share on other sites More sharing options...
Matts4313 Posted August 19, 2020 Share Posted August 19, 2020 1 minute ago, Dome said: Matts already said that NONE of it was true.. can't you read? Don't spit facts when you don't know what you're talking about. @ET80 literally just said what I said, but he added a "no" before it for some reason. Link to comment Share on other sites More sharing options...
Dome Posted August 19, 2020 Share Posted August 19, 2020 2 minutes ago, pwny said: Hey, don't worry that your spouse just took 10k from your joint savings account and fled the state, you'll get the money back when the divorce is figured out in 14 months. It doesn't matter that you have no money and the mortgage is due tomorrow, the courts will figure it out. It's no biggie. Knowing my luck she'd be shacked up with @bucsfan333 just for the icing on the cake. 3 Link to comment Share on other sites More sharing options...
ET80 Posted August 19, 2020 Share Posted August 19, 2020 1 minute ago, Matts4313 said: Did you just reiterate what I already said? The recourse would be through a judge. That doesnt change the legal claim. Thanks for backing up what I said with a "no" - - I guess? Is this one of those moments where you're just trolling a Mod? Because if it's not, you're not thinking this through. What if a spouse takes the money, books a ticket to Europe, or Asia? You really think any country is going to exercise extradition rights for a domestic dispute? 2 Link to comment Share on other sites More sharing options...
Matts4313 Posted August 19, 2020 Share Posted August 19, 2020 1 minute ago, pwny said: Hey, don't worry that your spouse just took 10k from your joint savings account and fled the state, you'll get the money back when the divorce is figured out in 14 months. It doesn't matter that you have no money and the mortgage is due tomorrow, the courts will figure it out. It's no biggie. So are we turning this into a "f*** the legal system" debate? Because my point was that the other spouse would have legal recourse. And they would. Which means you were wrong. And divorces dont take 14 months unless they are contested. Which presumably they would not be in this scenario. Link to comment Share on other sites More sharing options...
ET80 Posted August 19, 2020 Share Posted August 19, 2020 4 minutes ago, pwny said: Hey, don't worry that your spouse just took 10k from your joint savings account and fled the state, you'll get the money back when the divorce is figured out in 14 months. It doesn't matter that you have no money and the mortgage is due tomorrow, the courts will figure it out. It's no biggie. Imagine fleeing the country. Yup, time to call in the Delta Force... Link to comment Share on other sites More sharing options...
ET80 Posted August 19, 2020 Share Posted August 19, 2020 1 minute ago, Matts4313 said: So are we turning this into a "f*** the legal system" debate? Because my point was that the other spouse would have legal recourse What's the point of legal recourse when the spouse isn't even in the US anymore? Or does that not happen? Link to comment Share on other sites More sharing options...
Matts4313 Posted August 19, 2020 Share Posted August 19, 2020 Just now, ET80 said: Is this one of those moments where you're just trolling a Mod? Because if it's not, you're not thinking this through. What if a spouse takes the money, books a ticket to Europe, or Asia? You really think any country is going to exercise extradition rights for a domestic dispute? How many people would up and move to a non-extradition place because of money? I thought we were debating this on what really happens to 99% of the people who get divorced. If you want to debate some lala land scenario where a dude/chick moves to Iran because "f*** it, I need that 10k" then I guess you are right. But here on planet earth, that crap doesnt happen to the vast, vast, vast majority of people. Link to comment Share on other sites More sharing options...
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