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citizen erased
Joined: 06 Apr 2008
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 Posted: Tue Aug 19, 2008 3:32 am Post subject: Divorce and Money |
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Im starting to get the marriage question want to know what would happen to my money if we got divorced.
Is it a 50/50 split like in america?
Spare me the lectures. I really dont care. |
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bogey666
Joined: 17 Mar 2008
Location: Korea, the ass free zone
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| Posted: Tue Aug 19, 2008 4:44 am Post subject: Re: Divorce and Money |
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| citizen erased wrote: |
Im starting to get the marriage question want to know what would happen to my money if we got divorced.
Is it a 50/50 split like in america?
Spare me the lectures. I really dont care. |
generally speaking yes.. I spoke to my VP about this when we were discussing marriage, why I wasn't married, etc.
if you have a decent chunk of cash or property, etc, you are basically a fool to get married.. unless you are prepared to lose half or more of it.
since I'll never understand how someone can be entitled to half of what I already bring into the marriage, just because she spreads her legs for me (or alternatively, if the guy merely sticks something inside me))
yeah, I know, legally, they say you can "protect" what you bring in to a large extent, but it's so practically annoying and difficult, in practice, you are completely exposed.'
this is why there are female groupies at rock concerts, sports games, etc and they're not above sticking a needle thru a condom packet either.
spread your legs once to a P Diddy, and you're set for the next 18 years..
of course, the other solution is to marry a woman who's richer than you are 
then you can screw her when the puppy love ends
p.s. by the way, I can tell from the phrasing of your post, that you don't really want to get married.. so my advice would be to follow your gut. |
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Real Reality
Joined: 10 Jan 2003
Location: Seoul
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| Posted: Tue Aug 19, 2008 6:40 am Post subject: |
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Divorce Up Among Middle-aged
Chosun Ilbo (April 19, 2007)
http://english.chosun.com/w21data/html/news/200704/200704190027.html
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| Lee Myeong-sook, a divorce lawyer, said, "Another factor for the rise in middle-age divorce was a revised law that mandates 50 percent of household assets to the wife. That reduces women's economic burdens after divorce." |
A tough road to equality for Korean women
by Yoav Cerralbo, CBC News Viewpoint (June 23, 2004)
http://www.cbc.ca/news/viewpoint/vp_cerralbo/20040623.html
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| "After the 1991 legislation women were given more power. Now the property accumulated after marriage is separated somewhat equally. If the woman was a housewife she gets 30 per cent division of property and assets. If she worked she gets 50 per cent...." |
Wives Found Far Richer than their Spouses
Chosun Ilbo (March 21, 2001)
http://www.chosun.com/w21data/html/news/200102/200102150006.html
More Women Keep Secret Stash of Money
Chosun Ilbo (June 6, 2005)
http://english.chosun.com/w21data/html/news/200506/200506060001.html
Most Women Quit Work to Get Married
Chosun Ilbo (March 22, 2006)
http://english.chosun.com/w21data/html/news/200603/200603220029.html
Divorce in Korea (2)
A New Divorce Culture
by Chung Jae-yong, Chosun Ilbo (July 4, 2001)
http://english.chosun.com/w21data/html/news/200107/200107040205.html
Marriage More Expensive for Man
Chosun Ilbo (March 27, 2001)
http://www.chosun.com/w21data/html/news/200011/200011230330.html
Marriage Costs Koreans an Arm and a Leg
Chosun Ilbo (February 23, 2006)
http://english.chosun.com/w21data/html/news/200602/200602230027.html
Many Dads Unknowingly Raising Others' Kids
Increase in paternity testing reveals 1 in 25 men raising children not their own, study says
By Steven Reinberg, HealthDay (August 11, 2005)
http://www.healthday.com/view.cfm?id=527353
Women taking lead in filing for divorce
JoongAng Daily July 01, 2005
http://joongangdaily.joins.com/200506/30/200506302309010009900090409041.html
Many marriages today are 'til debt do us part
By Kathy Chu, USA TODAY (April 28, 2006)
http://www.usatoday.com/money/perfi/basics/2006-04-27-couples-cash-series_x.htm
Why men earn more than women
Marty Nemko
http://www.bankrate.com/brm/news/career/20050307a1.asp
The 76-cent myth
Do women make less than men? The wage-gap ratio isn't the best gauge for pay discrimination, and overemphasizing it can undermine an important issue.
By Jeanne Sahadi, CNNMoney.com. (February 21, 2006)
http://money.cnn.com/2006/02/21/commentary/everyday/sahadi/index.htm
"Does success make women less marriageable to men? In some cases, the answer is yes: Most women like to 'marry up,' and that is harder to do if a woman is on the top floor of her profession."
Source:
Lonely at the top
By Cheryl Wetzstein, THE WASHINGTON TIMES (December 13, 2005)
http://www.washingtontimes.com/culture/20051212-103116-1924r.htm
Successful women begrudge husbands who earn less, study claims
by BETH HALE, The Daily Mail (November 29, 2006)
http://www.dailymail.co.uk/pages/live/femail/article.html?in_article_id=419488&in_page_id=1879
Teenage Boys Spend Money on Girls -- and so Do Girls
Chosun Ilbo (November 13, 2006)
http://english.chosun.com/w21data/html/news/200611/200611130007.html |
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citizen erased
Joined: 06 Apr 2008
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| Posted: Tue Aug 19, 2008 6:58 am Post subject: |
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| wow, you want to do my master's homework? |
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citizen erased
Joined: 06 Apr 2008
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| Posted: Wed Aug 20, 2008 7:14 am Post subject: |
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| i think im getting a prenup. i wonder how difficult thats going to be. |
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cheeseface
Joined: 13 Jan 2008
Location: Ssyangnyeon Shi
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| Posted: Wed Aug 20, 2008 7:23 am Post subject: |
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| citizen erased wrote: |
| i think im getting a prenup. i wonder how difficult thats going to be. |
You seem in a rush........? |
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bogey666
Joined: 17 Mar 2008
Location: Korea, the ass free zone
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| Posted: Wed Aug 20, 2008 9:19 am Post subject: |
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| citizen erased wrote: |
| i think im getting a prenup. i wonder how difficult thats going to be. |
better get it as ironclad as you can.. and even then that's no guarantee.
prenups now get challenged all the time... even for reasons that have NOTHING to do with the prenup in the first place.. like "infidelity"..
if I were you, I'd divest myself of all moneys I want to keep away from money grubbing wifey to be.. and put it into a Swiss bank accout (or better option, since Swiss aren't as good as they used to be)
then you start your new marriage and life the way it's supposed to be (in Harlequin romance fairly tales)..
truly "together".. as in poor together |
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Pooty
Joined: 15 Jun 2008
Location: Ela stin agalia mou
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| Posted: Wed Aug 20, 2008 9:22 am Post subject: |
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| Bogey has a point. Hide any big chunks of money you might have, start fresh and poor. What she doesn't know won't kill her. |
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Tommy
Joined: 24 Aug 2005
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| Posted: Wed Aug 20, 2008 10:05 am Post subject: |
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I read on here all the time about how Korean wives are great with saving money and doing finances - my girlfriend is horrible at this. Not that she spends wildly on luxury purses or any of that crap. But how she keeps "lending" money to her family - money that she doesn't even have! That, and she has no idea how to save.
Can't help but think if we ever got together permanently, her money problems would turn into my money problems. Might sound selfish but I'm trying to be realistic...
http://en.wikipedia.org/wiki/Offshore_bank |
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MissSeoul
Joined: 25 Oct 2006
Location: Somewhere in America
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| Posted: Wed Aug 20, 2008 6:14 pm Post subject: Re: Divorce and Money |
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| citizen erased wrote: |
Im starting to get the marriage question want to know what would happen to my money if we got divorced.
Is it a 50/50 split like in america?
Spare me the lectures. I really dont care. |
Act like a real man, give her ALL and apologize her not being a thoughtful husband during your time with her. You need do this sincerely ! |
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poet13
Joined: 22 Jan 2006
Location: Just over there....throwing lemons.
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| Posted: Wed Aug 20, 2008 6:20 pm Post subject: |
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Put the money somewhere NOT in Korea. Don't have statements sent to you in Korea. As far as she is concerned, it doesn't exist.
Now that's said, starting off a lifelong relationship with a deceit of that magnitude is kind of screwed up to start with. |
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bassexpander
Joined: 13 Sep 2007
Location: Someplace you'd rather be.
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| Posted: Wed Aug 20, 2008 7:44 pm Post subject: |
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In all honesty, there isn't much in marriage for men anymore. Other than raising kids, and that it's a sort of culturally normal thing to do, a single guy can get along better without bothering.
These days, I see a lot of single guys marrying because the woman threatens to leave if he doesn't marry her. That's not exactly the right reason to be getting married -- being bribed into it.
If you have serious reservations about not wanting to marry, then don't. If you do, you'll find yourself missing single life later, and that will present a whole world of difficulties. |
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Cornfed
Joined: 14 Mar 2008
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| Posted: Wed Aug 20, 2008 8:15 pm Post subject: |
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| bassexpander wrote: |
| These days, I see a lot of single guys marrying because the woman threatens to leave if he doesn't marry her. That's not exactly the right reason to be getting married -- being bribed into it |
And of course she'll often leave him in a sense anyway by shedding her people-skin and revealing herself to be the demon from the pits of hell that she's always been right after the ceremony. |
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bogey666
Joined: 17 Mar 2008
Location: Korea, the ass free zone
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| Posted: Wed Aug 20, 2008 8:24 pm Post subject: |
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| poet13 wrote: |
Put the money somewhere NOT in Korea. Don't have statements sent to you in Korea. As far as she is concerned, it doesn't exist.
Now that's said, starting off a lifelong relationship with a deceit of that magnitude is kind of screwed up to start with. |
bassexpander is exactly correct, why bother unless you want to raise kids i the first place?
it's a road to emotional and financial ruin.
and how is this "massive deceit"?
what does the money that has NOTHING to do with her.... have to do with her? just because of a ceremony and a piece of paper?
if you were stashing away dough while married that's a different matter. |
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poet13
Joined: 22 Jan 2006
Location: Just over there....throwing lemons.
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| Posted: Wed Aug 20, 2008 8:31 pm Post subject: |
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"and how is this "massive deceit"? "
I think a marriage is more likely to survive when the two people involved are open and honest with each other, not secreting money away for the day after the divorce becomes final. Kind of like starting out with a strike against you. I am all for keeping that money for himself, or herself because it was pre-marriage. I wouldn't keep it a secret though. |
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