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Divorce and property settlement

I have been married since 2000 (my second and his third). Prior to our marriage, I was living in my own home, had my own vehicles, was raising my three children, had approximately $1000,000 insurance from my first husband's death, and was employed full time in a professional position. My husband owned his own residence, at least two other properties, as well as a mobile home park. He moved into my residence and we began building the home we live in today with my funds. I also paid him several thousand dollars to ready my home for sale when no major repairs were needed (house less than 2 years old).

In 2005, I procured a loan so that he could oversee the building of his son's home in South Carolina. He was in SC for approximately a year doing this and in the interim was caught in an adulterous situation with his mobile home property manager who subsequently resigned her post. I then ran the park for two years until such time he decided that he no longer wished me to have anything to do with his assets.

Any disagreement or discord with his plans results in throwing divorce in my face. As I have thought about his tactics, I realize that he has accessed his way into every aspect of my finances whereas I have no knowledge or ability to access info about his. If he were to get ill, I have no rights. If I get ill, he can write checks and do whatever with my monies. With him throwing divorce in my face at whim, I realize that this man has used me to make money and is better off financially from our marriage whereas I am in the position of likely having to "equitably" share my assets while his don't get touched. 


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44 helpful answers

Greetings Barb:  I don't see a question, or quite understand what it is you're asking, however, it is a sad post and I'm sorry this has happened to you.  Obviously a reason why you're his third marriage!

If there were no red flags prior to, his deciding he no longer wished to have you involved with his assets should have been an eye opener, then and there.

You didn't mention whether or not you reside in a community property state?  If so, assets are 50/50 in your marriage if divorcing. 

If you are seeking advice beyond the history you've shared above, mine would be to get with a divorce attorney and review the situation with him, as well as your finances at the time of your marriage, and now.  It wouldn't hurt to delve a bit into your husband's background.  I wouldn't be surprised if you come across some eye openers there as well.

Hoping everything turns out well for you.  Best wishes!

Arrivederci - TWM 

Posted 2009-07-22T19:20:13Z
 

In reviewing the laws in Virginia, there is a difference between assets prior to marriage and assets during marriage. The aforementioned is not part of the 50/50 split, and that what's bothering me. My question, I guess, is whether I should be concerned about the above state of affairs in that my husband feels that I am totally absurd in questioning the status of our affairs (no pun intended).

 
44 helpful answers

Hello again Barb:  I can only speak for myself, but yes.  I would be concerned about the above state of affairs and regardless what your husband insinuates, you certainly are not absurd in questioning any of it.

TWM

Posted 2009-07-22T20:28:48Z

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