Hi Romancelander.
Can a man protect his properties during divorce by buying every properties in his company name which include but not limit to house, land and cars.

Why I brought this up is because in the sight of Law the owner of the company is different from his company and cannot be held liable if that company is sued. So since a company can sue and be sued can it be that if I buy all my properties using my company and making the payment for such properties using the company account, can court of law award such properties to my woman in divorce settlement even if we did registry marriage.

Pls let me ask falana or marriage counseling

Hmmmm....the company is owned by who? Shareholders outside the woman's husband? In what capacity is the company buying properties for the husband's personal use?

Daddy, you can't hide much if she's got a personal vendetta against you. Unless the company is limited by shares owned by others, although she's allowed to dive into your own personal shares so long as she can prove they are yours.

sisisioge:
Hmmmm....the company is owned by who? Shareholders outside the woman's husband? In what capacity is the company buying properties for the husband's personal use?

Daddy, you can't hide much if she's got a personal vendetta against you. Unless the company is limited by shares owned by others, although she's allowed to dive into your own personal shares so long as she can prove they are yours.

company bought the properties for the comfort and mobility of the CEO remember nothing is mine every belongs to the company and are company properties which I share 55% 45% with my immediate elder brother ,he owns part of the company from cash invested in the company and his consulted in everything going on regarding the company.

o42austino:
company bought the properties for the comfort and mobility of the CEO remember nothing is mine every belongs to the company and are company properties which I share 55% 45% with my immediate elder brother ,he owns part of the company from cash invested in the company and his consulted in everything going on regarding the company.

That's fine then. A good lawyer will value the company and her assets, then go for half of your own share essentially, she won't be laying claims to individual properties ie, house , car, shoes ...she would be laying claims to half of your share value. Eventually, you would want to buy her out by paying premium. Unless you can prove that the coy is in distress, then you can outsmart her. I'm guessing her lawyer won't be dumb though.

I wish you success in your marriage o but if you want to hide investment/funds, then hide it in a venture that isn't known to her. Once she is aware of it, she's entitled to half at least no matter the camouflage.

silently relinquish your shares to your brother to the bearest minimum.

My wife can never know my worth!!!

I'll allow her know the things I can afford to lose.

Ladies of these days are using court marriage now as an investment...

sisisioge:


That's fine then. A good lawyer will value the company and her assets, then go for half of your own share essentially, she won't be laying claims to individual properties ie, house , car, shoes ...she would be laying claims to half of your share value. Eventually, you would want to buy her out by paying premium. Unless you can prove that the coy is in distress, then you can outsmart her. I'm guessing her lawyer won't be dumb though.

I wish you success in your marriage o but if you want to hide investment/funds, then hide it in a venture that isn't known to her. Once she is aware of it, she's entitled to half at least no matter the camouflage.

Good. Is a man also entitled to a share of his wife’s property too?

sisisioge:


That's fine then. A good lawyer will value the company and her assets, then go for half of your own share essentially, she won't be laying claims to individual properties ie, house , car, shoes ...she would be laying claims to half of your share value. Eventually, you would want to buy her out by paying premium. Unless you can prove that the coy is in distress, then you can outsmart her. I'm guessing her lawyer won't be dumb though.

I wish you success in your marriage o but if you want to hide investment/funds, then hide it in a venture that isn't known to her. Once she is aware of it, she's entitled to half at least no matter the camouflage.

I don't think any Judge will permit her to inherit a company share which is a different entity to her husband it will not work,the company pays her own tax and settle her own bills and can not be forced to come into divorce settlement, this will be a matter that the judge will be very careful with.

Hahahaha nowadays everytin is so fake including romance and marriage.
Can u imagine the line of thoughts of would be couples!
Awww no wonder baby mama and baby daddy is the new way of life

Masterppower:
Ladies of these days are using court marriage now as an investment...

I advice guys to open company or business even if its a real estate agency company and hide their assets with this company.... In theory it will look like you have everything to her but when it comes to divorce she will discover you have nothing ,that all you have is just your shirts.

Bluezy13:
My wife can never know my worth!!!


I'll allow her know the things I can afford to lose.

even if she is in the know,you must hide your assets under your company..... If you built a house creat and estate company and make all the document of your property in such company name, my bro and I are planning on selling some of our shares to our mom or our elder bro to limit our exposure.

sexy74:
silently relinquish your shares to your brother to the bearest minimum.

I am planning on sell some share to my mom as a form of investment to limit my exposure

o42austino:
I don't think any Judge will permit her to inherit a company share which is a different entity to her husband it will not work,the company pays her own tax and settle her own bills and can not be forced to come into divorce settlement, this will be a matter that the judge will be very careful with.

Funny you! So that legal entity fell from heaven ba? Yes, the entity operates as a private individual but it is owned by someone/people. Now, madam has no right to its operations/affairs but has a claim on it based on what her husband owns in it. Some husbands would at the point of incorporation divide shares between themselves, wives and children...just like you and your brother have done. Now, when the claimant wants to claim some of your properties, she would list her claims as certain percentage of your percentage holdings. Ie. 50% of your 55% shares in XYZ coy. She goes for your jugular and claim a certain percentage of everything in your name, God help you you ain't in naija.

However, in naija where most women are basically concerned about their children alone and some basic properties, you might not have to fight tooth and nail. Just give her the children and a workable allowance to be home free.

Why would any one be planning divorce bikonu? That woman that once rocked your world nko? She's still within, pls find her again. It is well.

pedrilo:
Hahahaha nowadays everytin is so fake including romance and marriage.
Can u imagine the line of thoughts of would be couples!
Awww no wonder baba mama and baby daddy is the new way of life

for d fact women has made it clear that for them to be your wife you must be their investment, then men are learning how to hide their money to save themselves.

o42austino:
even if she is in the know,you must hide your assets under your company..... If you built a house creat and estate company and make all the document of your property in such company name, my bro and I are planning on selling some of our shares to our mom or our elder bro to limit our exposure.

Whatever remain in your name remains shareable with the spouse. Why are you anticipating divorce? Kuku draw a prenup for her at the beginning. Let her takeout be clearly spelt out.

sisisioge:




Whatever remain in your name remains shareable with the spouse. Why are you anticipating divorce? Kuku draw a prenup for her at the beginning. Let her takeout be clearly spelt out.

her behavior recently is nothing to write home about and she has been saying she will file for a divorce at any small thing,I want to force her hand this time to get the divorce.

sexy74:
silently relinquish your shares to your brother to the bearest minimum.

So that the brother's wife can have a day in heaven when she wants to divorce said brother too .

If he passes it on to his mother. If mommy dies without a will or any legal instruction to revert the holdings back to him. Then gobe go burst if his siblings are greedy and not in the know.

If he listed the shares in his children's names, then they both remain joint administrators until the kids attain legal age.

If he relinquish to a pseudo person and she's able to dig the fact out...chai! He's will be in more trouble.

If he passes it on to a friend without a legal footprint and the friend gets too excited...gobe.

He should just go to equity with clean hands...may God bless him with a fair spouse.

sisisioge:




Whatever remain in your name remains shareable with the spouse. Why are you anticipating divorce? Kuku draw a prenup for her at the beginning. Let her takeout be clearly spelt out.

I am planning on sell a major share to my mother as a form of investment limiting my share to just %5 I will buy it back once the divorce is settled

o42austino:
I am planning on sell a major share to my mother as a form of investment limiting my share to just %5 I will buy it back once the divorce is settled

Hmmmm...divorce is final oga. Explore other means before you two go that route. And if you must, you must complete the transfers before the date she files.

sisisioge:


Hmmmm...divorce is final oga. Explore other means before you two go that route. And if you must, you must complete the transfers before the date she files.

ya I know ,I am still looking at my options but,I will finally initia the process of my mother buying majority of my share.

o42austino:
I don't think any Judge will permit her to inherit a company share which is a different entity to her husband it will not work,the company pays her own tax and settle her own bills and can not be forced to come into divorce settlement, this will be a matter that the judge will be very careful with.

So you have never heard of lifting the veil?

So if you siphon funds using a company account, they should "arrest" the company?

Partnerbiz:


So you have never heard of lifting the veil?

So if you siphon funds using a company account, they should "arrest" the company?

I don't think your example has any place in this Argument,this is divorce matter and not a criminal case,so such extent of lifting veil will not arias.

o42austino:
I don't think your example has any place in this Argument,this is divorce matter and not a criminal case,so such extent of lifting veil will not arias.

If that's your understanding of "lifting the veil" then you have shallow grasp of same.

I will make this comment for educational purposes. it's not restricted to criminal cases only.

.

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Bros,
Things can go messy in a divorce case.

Let me tell you what one of my Chairmen did. He saw the handwriting on the wall as you're insinuating now, he moved his properties to his late dad's estate with the backing of a strong estate manager. He became a salary earner in his father's company.

Fast forward, the divorce came. As the brouhaha began he resigned from working. When the ex wife came up with her demands, he told the court he has none of such properties and income mentioned. Legally he has none.

After the intensive lawsuit the lady lost. When they pushed harder his siblings backed him that he used his properties to borrow from their late fathers estate unfortunately he lost it all in a failed importation.

That was it.

I hope you got the vibes.

You can open a company as a foundation for your parents.
Hide every property and funds in it. They accord yourself a paltry salary while you write off all the expenses from the company account.
Jeff Bizos earns $1 monthly yet owns and runs Amazon.

Once divorce is mentioned, resign.

There are many ways to escape such.

Since when did this divorce rape start happening in Naija?
I thought Naija was the last bastion for men in this world that is quickly becoming overly westernized.

Is divorce in Naija not as simple as sending her back to her father's house again?

I don't understand you this men. I expect you to use your head but yet I get disappointed everyday.
A woman will leave her life just for you, serve you and the kids but when you make the money it's for you alone abi leaving 10 to 20 years of her life for you.
If you can do it alone please do not marry just get a baby mama you can't have it all.
Women are not for serving men. You want a woman that is everything but you don't want to give anything who will leave a man because he is good kind and loving?
You african men are confused egomaniacs you say your mother is the most important person in your life yet you watch your father treat her anyhow and yet you treat wives the same way your father treated your mother .
Women if a man is not legally married to you he doesn't owe you shit. Work and make your money if you like cheat on him as long as you are happy don't sacrifice your life/happiness for one sperm donor.
Iranu

1kingwriter:
Bros,
Things can go messy in a divorce case.

Let me tell you what one of my Chairmen did. He saw the handwriting on the wall as you're insinuating now, he moved his properties to his late dad's estate with the backing of a strong estate manager. He became a salary earner in his father's company.

Fast forward, the divorce came. As the brouhaha began he resigned from working. When the ex wife came up with her demands, he told the court he has none of such properties and income mentioned. Legally he has none.

After the intensive lawsuit the lady lost. When they pushed harder his siblings backed him that he used his properties to borrow from their late fathers estate unfortunately he lost it all in a failed importation.

That was it.

I hope you got the vibes.

Your the kind of person I love talking to,people that will show how it is done,thanks a million this is helpful. I spoke with a very good divorce lawyer and he said that in naija Mens wealth will never be split in a divorce, the worst thing that can happen is that the Judge will tell the man to rent an apartment for his now ex wife and be paying her monthly for the up keep of the kids which will be done through the court, once the kids turn 18 the man will stop paying for rent and the kids Up keep.....Naija no be America even If its a registry marriage