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Thread: Seperation and Financial consequences

  1. #31
    Senior Member
    Join Date
    Jan 2010
    Posts
    1,165
    Quote Originally Posted by Sherlock View Post
    Cook Islands then.
    There have been a couple of cases where asset hiding was raised. The judges really went to town on these guys(as they should). It ended up costing them a lot more. With financial secrecy being reduced around the world, this is a very bad stategy. Furthermore you need to explain to the courts where all your money went. Las Vegas raises extreme suspicions. It is very difficult, if not impossible, to successfully pull one over on the courts, especially if the x spouse is determined. Most of them are. Until you have gone through a bitter contested divorce, you might think it is easy, or funny, or fair, or civilized. I assure you it is seldom any of these.

    I apologize, but this is a bit of a sore point with me. I guess 15 years of bitter litigation and millions in costs will do that to you.

    Last edited by Square Root; 2012-10-22 at 10:21 AM.

  2. #32
    Member
    Join Date
    Jul 2012
    Location
    Toronto, ON
    Posts
    32
    Thank you everyone for your comments !


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