About property

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Old Jul 8th 2006, 8:54 pm
  #1  
Irene Ireny
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Default About property

Thanks for all the information and I am now so rely on this forum for
answers.

Now, I have a concern. My fiancee has an ex-wife and sons over 18. I
am wondering once we have our joined account, is there any chance that
his ex wife or his sons liable to our property?

This will affect whether I have my account separate.

Thanks
 
Old Jul 8th 2006, 9:31 pm
  #2  
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Default Re: About property

A good question for an attorney to answer. However, from the little I know, if they are over the age of majority (which is 18 in the US) then their father cannot be held financially responsible for their actions, i.e. vandalism, etc. Then again, this will depend on the child support papers he signed when divorcing. He might have signed that he is liable for their education until the age of 21 or until they finish college. In that case, if you have one account, the money will come that from account. Normally ex-wives are in this category. If they were awarded alimony, it would depend on the length of time of the award and if it is still in effect, you might well have to help him pay it.

Different answers for different states and different settlement agreements. One size does not fit all.


Originally Posted by Irene Ireny
Thanks for all the information and I am now so rely on this forum for
answers.

Now, I have a concern. My fiancee has an ex-wife and sons over 18. I
am wondering once we have our joined account, is there any chance that
his ex wife or his sons liable to our property?

This will affect whether I have my account separate.

Thanks
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Old Jul 8th 2006, 10:59 pm
  #3  
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Default Re: About property

Curious - is your fiancee helping you at all, in any way, thru this immigration process?


Originally Posted by Irene Ireny
Thanks for all the information and I am now so rely on this forum for
answers.

Now, I have a concern. My fiancee has an ex-wife and sons over 18. I
am wondering once we have our joined account, is there any chance that
his ex wife or his sons liable to our property?

This will affect whether I have my account separate.

Thanks
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Old Jul 8th 2006, 11:03 pm
  #4  
Irene Ireny
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Default Re: About property

We will be in Atlanta, Georgia. Any idea??
Rete wrote:
    > > Thanks for all the information and I am now so rely on this forum for
    > > answers.
    > >
    > > Now, I have a concern. My fiancee has an ex-wife and sons over 18. I
    > > am wondering once we have our joined account, is there any chance that
    > > his ex wife or his sons liable to our property?
    > >
    > > This will affect whether I have my account separate.
    > >
    > > Thanks
    > A good question for an attorney to answer. However, from the little I
    > know, if they are over the age of majority (which is 18 in the US) then
    > their father cannot be held financially responsible for their actions,
    > i.e. vandalism, etc. Then again, this will depend on the child support
    > papers he signed when divorcing. He might have signed that he is liable
    > for their education until the age of 21 or until they finish college.
    > In that case, if you have one account, the money will come that from
    > account. Normally ex-wives are in this category. If they were awarded
    > alimony, it would depend on the length of time of the award and if it is
    > still in effect, you might well have to help him pay it.
    > Different answers for different states and different settlement
    > agreements. One size does not fit all.
    > --
    > I'm not an attorney. This disclaimer is valid in NYS!
    > Posted via http://britishexpats.com
 
Old Jul 10th 2006, 1:27 pm
  #5  
Irene Ireny
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Default Re: About property

Well, basically, I would like to know if one day he died, Do I need to
pay his wife anything with our joined account??? or if he had an
account with his name only, if he died, if the money and property goes
to me since I am his wife, do I need to pay his ex wife anything.

THanks
Templar wrote:
    > > Thanks for all the information and I am now so rely on this forum for
    > > answers.
    > >
    > > Now, I have a concern. My fiancee has an ex-wife and sons over 18. I
    > > am wondering once we have our joined account, is there any chance that
    > > his ex wife or his sons liable to our property?
    > >
    > > This will affect whether I have my account separate.
    > >
    > > Thanks
    > Most likely yes, if the ex-wife is still asking your fiancee for alimony
    > :eek:
    > Once you put his name on your account, it's his money, too.
    >
    > --
    > Posted via http://expatforums.com
 
Old Jul 10th 2006, 3:02 pm
  #6  
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Default Re: About property

Originally Posted by Irene Ireny
Well, basically, I would like to know if one day he died, Do I need to
pay his wife anything with our joined account??? or if he had an
account with his name only, if he died, if the money and property goes
to me since I am his wife, do I need to pay his ex wife anything.
I don't think there is one direct answer to all these questions. It will depend many factors, including what state you live in. These types of questions are best asked of a financial advisor or attorney. When you get to the USA, before you get married, you and your fiance should go talk to someone in person, together, to see how to handle your property and finances as a married couple. You might start by paying a visit to your fiance's divorce attorney, he can probably help with the ex-wife issues. As for your own joint property and what happens if he dies (or if you die, for that matter), see someone qualified to handle those types of issues. Having a will might also help matters.

Best Wishes,
Rene
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Old Jul 10th 2006, 3:02 pm
  #7  
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Default Re: About property

Originally Posted by Irene Ireny
Well, basically, I would like to know if one day he died, Do I need to pay his wife anything with our joined account??? or if he had an account with his name only, if he died, if the money and property goes to me since I am his wife, do I need to pay his ex wife anything.
You, personally, will not have to pay his wife anything ever. If he dies, his estate may become liable to pay the ex, and if you control the estate, then it will seem as though you are paying money to her - but it is important to remember that it is not *you* personally who is paying... it is the estate.

Ian
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Old Jul 10th 2006, 4:38 pm
  #8  
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Default Re: About property

Depends on his will and what was in the divorce decree. For example, my Canadian husband has to maintain a life insurance policy on himself for $150,000 with his ex-wife as beneficiary. It was made part of the divorce/settlement agreement. Now if he does not maintain it, will I have to pay her $150,000 Cnd from our estate (which is 2/3rds my money and 1/3rd his)? I believe this is what you are trying to ascertain.

Talk to your fiancee. It would appear that you need to sit down with him and ask him these questions. He is the one that knows what his divorce and settlement agreements were.

Fiances are the leading reasons why marriages break up.


Originally Posted by Irene Ireny
Well, basically, I would like to know if one day he died, Do I need to
pay his wife anything with our joined account??? or if he had an
account with his name only, if he died, if the money and property goes
to me since I am his wife, do I need to pay his ex wife anything.

THanks
Templar wrote:
    > > Thanks for all the information and I am now so rely on this forum for
    > > answers.
    > >
    > > Now, I have a concern. My fiancee has an ex-wife and sons over 18. I
    > > am wondering once we have our joined account, is there any chance that
    > > his ex wife or his sons liable to our property?
    > >
    > > This will affect whether I have my account separate.
    > >
    > > Thanks
    > Most likely yes, if the ex-wife is still asking your fiancee for alimony
    >
    > Once you put his name on your account, it's his money, too.
    >
    > --
    > Posted via http://expatforums.com
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Old Jul 10th 2006, 4:48 pm
  #9  
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Default Re: About property

Rete - your last 3 sentences are EXACTLY why I asked the OP this question the other day - IS YOUR FIANCEE HELPING YOU AT ALL IN ANY WAY THRU THIS PROCESS - the OP didn't answer.

So many of these queries make it seem like they HAVEN'T sat down and talked. Why would someone ask a board about the terms of their partners divorce and not ask their partner? I was wondering if this was a troll.

Strange.



Originally Posted by Rete
Depends on his will and what was in the divorce decree. For example, my Canadian husband has to maintain a life insurance policy on himself for $150,000 with his ex-wife as beneficiary. It was made part of the divorce/settlement agreement. Now if he does not maintain it, will I have to pay her $150,000 Cnd from our estate (which is 2/3rds my money and 1/3rd his)? I believe this is what you are trying to ascertain.

Talk to your fiancee. It would appear that you need to sit down with him and ask him these questions. He is the one that knows what his divorce and settlement agreements were.

Fiances are the leading reasons why marriages break up.
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Old Jul 11th 2006, 1:41 pm
  #10  
Irene Ireny
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Default Re: About property

Thanks for the ones who helped. It helped a lot indeed.


janadeen wrote:
    > > Depends on his will and what was in the divorce decree. For example,
    > > my Canadian husband has to maintain a life insurance policy on himself
    > > for $150,000 with his ex-wife as beneficiary. It was made part of the
    > > divorce/settlement agreement. Now if he does not maintain it, will I
    > > have to pay her $150,000 Cnd from our estate (which is 2/3rds my money
    > > and 1/3rd his)? I believe this is what you are trying to ascertain.
    > >
    > > Talk to your fiancee. It would appear that you need to sit down with
    > > him and ask him these questions. He is the one that knows what his
    > > divorce and settlement agreements were.
    > >
    > > Fiances are the leading reasons why marriages break up.
    > Rete - your last 3 sentences are EXACTLY why I asked the OP this
    > question the other day - IS YOUR FIANCEE HELPING YOU AT ALL IN ANY WAY
    > THRU THIS PROCESS - the OP didn't answer.
    > So many of these queries make it seem like they HAVEN'T sat down and
    > talked. Why would someone ask a board about the terms of their partners
    > divorce and not ask their partner? I was wondering if this was a troll.
    >
    > Strange.
    >
    > --
    > Posted via http://britishexpats.com
 

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