I emptied my bank account and gave away $67,000?

Question

My wife will never get any money from me in this divorce and I love it.

That was a good way to prevent her from taking me to divorce court and getting my hard earned money. I gave it away this morning to the poor people on the streets and she is really fired up right now. She even called police on me, but they said they can't do anything. It was my account, my money. I feel great.

Did I do good?

Answer 1

You did astounding.

Answer 2

Maybe not, I don't know what state you are in but in my state(AL) if she didn't earn the money then she is not entitled to it.  Of course this is a right to work state whereby only in rare occassions does the earning party have to pay alimony but will still have to pay child support. In this state if it were earned together the it is split, the court can order you to sell your house and split the profits.  

Answer 3

way to go...good for you

Answer 4

Well I would say that if you had to choose between a couple of heroin addicts and deralycts versus your soon to be ex wife...

It's a lateral move.

Answer 5

umm genius, you gave away all of your money. You would have only needed to give her half. now neither of you have anything. what are YOU going to do to support YOURSELF? i hope that there are no kids involved.

Answer 6

If i was divorcing you I'd rip your head off... You better watch your back your wife may be out for revenge lolz

Answer 7

no, not really b/c now you dont get any of it...If that is really what you did...You are probably hiding it from her in someone elses name....

Answer 8

Ya, you did.  I don't live on the streets, but I could use more money.  I wished that you would have sent some my way.  You know, the most important thing here is that YOU  feel good about doing something good.  It might not have been for the right reason, but it was a good deed.

Answer 9

It was an impulsive move on your part.  Time will tell whether it was a good move.  You don't say how long you were married and what your division of labor was.  If she managed the house while you worked, the courts may still rule that half of that money was hers and you will have to come up with a way to pay her.  There are other assets the courts or you wife can take possession of to pay your debt - the house, cars, boats, etc.

Hopefully, when the divorce is finally, you will both part amicably and stop carrying bitterness in your heart.  That would be a good thing.

Answer 10

I'm guessing there may be an inquiry into where the funds went and if so, "giving" it away may not cut it. You may still have to give half the amount to her if you cannot prove where it went. The money was hers as well as yours if you gave it away before the divorce. I'm betting you have the money hidden and you will have to pony up half at least, if not all.

No, That wasn't a good way to hide it. It will bite you in the butt later...

Answer 11

Yeah ..... right.

Answer 12

You should have bought lottery tickets with it. Lots of them.  

Answer 13

You need a record of donation (receipt) otherwise they don't believe that you gave the money away.  They think that you are hiding the cash somewhere...

Answer 14

where do you live i would like to live on your streets and make some money  

Answer 15

i think that you should feel like a moron, not good.  although i can applaud your altruism, it was not motivated by charity, but spite.  had you taken your chances in divorce court, you could have walked away with almost 34K.  instead you will walk away with nothing.  in fact, you will have even less than that after lawyers fees.  also, because of your frantic move, her lawyer will probably order a much deeper audit of your finances, as it will look like you are hiding money elsewhere.  this will cost you  more money in legal fees.  

in summation, your stupid move will cost you big time.  at least you will have you smugness though...and the consolation of many long cold nights ahead in that one room apartment, belly full of peanut butter sandwiches and instant ramen.

Answer 16

oh my gosh........

Answer 17

33500 would have been better than nothing.  But, at least there's a bum out there somewhere who'll know the taste of something better than Listerine for a change.

Answer 18

dude........no way...........

Answer 19

It depends on your state and timing. Here in AZ, it’s a community property sate... unless she specifically signed off of your account she would be entitled to 1/2. And that would be 1/2 at the time your or she moved out of the house. If you gave it away, you could still wind up owing ½ of it to her.