Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

More Engaged Men Are Setting Up Divorce Nest Eggs
The Hoosier Gazette ^ | March 16, 2005 | August Wayne

Posted on 03/16/2005 3:28:28 AM PST by MississippiMasterpiece

The high percentage of marriages that end in divorce has created a new trend; many men are planning financially for their divorce before they even get married.

A recent survey conducted by the Indiana Family Institute (IFI) found that 79% of men who are engaged to be married worry that their marriage will end in divorce and they will be ruined financially. As a result, more than half of these men admitted to setting up secret nest eggs in case their fears become reality.

“Some people believe this is the height of pessimism, but to me it makes perfect sense,” says Dr. Phillip Haus, director of the study, “Many of these men are professionals who have worked hard for their success and don’t want to start from scratch if the woman they marry turns out to be a total witch to live with.”

Haus says the most common way engaged men plan for the worst is by setting up a savings account in the name of a relative they trust who has had a long, sound marriage so their funds will be safe. This way once the joint assets are divided after a divorce, they will have a little something extra to fall back on.

“Let’s face it,” added Haus, “The man is the one who almost always get screwed over when a divorce occurs. Even though he usually made more money than the woman in the marriage, he loses the house, and ends up paying child support since the woman will get custody of their offspring. This new trend just provides him with a little insurance so he can enjoy a decent standard of living.”

Some men go to even greater lengths to secure their futures. “We had a few cases where engaged men told us they gave a good portion of their belongings to friends or relatives for safe keeping. One man admitted buying a house in his gay cousin’s name so he would have a place to live if things didn’t work out. This shows the sad state of relationships and the impact of divorce in this country.”

Haus believes the trend of setting up divorce nest eggs will continue. “As long as there is divorce, there will be people trying to beat the system.”


TOPICS: Culture/Society; News/Current Events; Political Humor/Cartoons
KEYWORDS: divorce; turass
Navigation: use the links below to view more comments.
first previous 1-20 ... 121-140141-160161-180181-196 next last
To: MississippiMasterpiece

Face it, women are smarter -- they hide their divorce nest eggs in plain sight. Diamonds really are a girl's best friend...


161 posted on 03/16/2005 3:15:27 PM PST by durasell (Friends are so alarming, My lover's never charming...)
[ Post Reply | Private Reply | To 1 | View Replies]

To: sgtbono2002

Perhaps it is about much more than sex, but it is still about sex, and marriage means you have sole-sourced that fairly important aspect of your life.

Most women forget about this, or if they have issues about it fail to communicate their issues in a way that men can actually take any kind of meaningful corrective action.


162 posted on 03/16/2005 3:31:17 PM PST by RinaseaofDs (The problem with socialism is that eventually you run out of other people's money.)
[ Post Reply | Private Reply | To 10 | View Replies]

To: MississippiMasterpiece
The divorce system MAY seem biased against men...and to cure this way of thinking, I believe that men should automatically get the kids when divorcing. Then tell me how much it costs them.
163 posted on 03/16/2005 3:42:19 PM PST by Pillows (~~Sometimes I feel like~~~~ somebodies watching me~~~~)
[ Post Reply | Private Reply | To 1 | View Replies]

To: dg62

We don't either. I inherited and it went into our account. Husband inherited twice and signed checks over to me. He told me to even things out {he has more money than me in retirement accounts} as I had spent alot of years at home with the kids. It was just never an issue. In good marriages it isn't. We are joined at the heart in all ways and money is the least of our issues. The biggest, he wants the remote and it drives me nuts. And he is always making "improvements" to my computer and that makes me crazy. And he gives advice on issues tghat he has no business doing, like fights with my sisters. I am sure he has a list too but money is not an issue. Nor secrets.


164 posted on 03/16/2005 3:45:20 PM PST by cajungirl (no)
[ Post Reply | Private Reply | To 152 | View Replies]

To: Rubber_Duckie_27

What do most Pre-Nups say? How does that work? I know someone who had a bunch of real estate in his name before marriage. He had her sign a pre-nup.....and now he has sold all THAT specific real estate and bought NEW stuff while married.....
Does that mean that she is entitled to the new stuff now? And the pre-nup is almost void?


165 posted on 03/16/2005 3:46:12 PM PST by Pillows (~~Sometimes I feel like~~~~ somebodies watching me~~~~)
[ Post Reply | Private Reply | To 88 | View Replies]

To: FreedomAvatar

Oh, you are cynical. Marriage is wonderful. I guess I see pair bonding for life as a good thing. It was the best thing that ever happened to me. And my husband says likewise.

To have a best friend, financial partner, father for children, someone who will go check for burglars and pick up heavy stuff, and love you when you get old. How could anyone say that isn't worth it?


166 posted on 03/16/2005 3:48:56 PM PST by cajungirl (no)
[ Post Reply | Private Reply | To 153 | View Replies]

To: MississippiMasterpiece
How sad.
167 posted on 03/16/2005 3:50:18 PM PST by Churchillspirit (Anaheim Angels - 2002 World Series Champions)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Clemenza
JUST SAY NO TO MARRIAGE!

Yikes! And you guys are Conservatives?

168 posted on 03/16/2005 4:02:55 PM PST by Pillows (~~Sometimes I feel like~~~~ somebodies watching me~~~~)
[ Post Reply | Private Reply | To 159 | View Replies]

To: Pillows

I'm more of a "Classical Liberal" which puts me on the Right in contemporary terms, but I am not a good conservative of the churchgoing variety.


169 posted on 03/16/2005 4:04:20 PM PST by Clemenza (Alcohol Tobacco & Firearms: The Other Holy Trinity)
[ Post Reply | Private Reply | To 168 | View Replies]

To: handk

Didn't know about the 75% statistic. Wow.


170 posted on 03/16/2005 4:06:58 PM PST by Tench_Coxe
[ Post Reply | Private Reply | To 157 | View Replies]

To: handk
Hmmm...since most of the women I know well enough to be privy to such details are pretty much NOTHING like the women you are talking about...I'm thinking that you are dwelling a little too much on the one 50% of women (a figure I am skeptical of, btw) at the expense of the other 50%.

Kind of a strange, and IMO, lazy approach to take towards women. Just figure all women a certain age and under are disease-ridden, overweight fembots and be done with it, I guess. Where is the sense in that? It's awfully sad. Marrying a foreign woman doesn't automatically guarantee a man a submissive little sweetheart, after all. Staying single is a better option, I suppose, but I don't know many men who really want to grow old alone, any more than most women.

I feel bad for you, and I'm not trying to be snarky by saying so, truly.
171 posted on 03/16/2005 4:13:59 PM PST by exnavychick
[ Post Reply | Private Reply | To 157 | View Replies]

To: Clemenza
JUST SAY NO TO MARRIAGE!

Marriage is fine.

If you take it in small quantities.

172 posted on 03/16/2005 5:21:54 PM PST by Lazamataz (Cleverly Arranging 1's And 0's Since 11110111011...)
[ Post Reply | Private Reply | To 159 | View Replies]

To: HairOfTheDog
You are very very wrong. If you are going to hold out separate property, it MUST remain separate and never be used in the marriage. Once you use it to pay for something consumed in the marriage, it is community property.

Certainly I am not wrong, within the laws that I understand in my own state, where I have handled divorces for 20 years. Thanks for your perspective, however.

173 posted on 03/16/2005 5:24:12 PM PST by PistolPaknMama (Will work for cool tag line.)
[ Post Reply | Private Reply | To 102 | View Replies]

To: PistolPaknMama

Well, I'll stand down then, but I'd be specific about what the state you're talking about when saying such things. Your advice is not true in mine.


174 posted on 03/16/2005 5:26:57 PM PST by HairOfTheDog (It is no bad thing to celebrate a simple life!)
[ Post Reply | Private Reply | To 173 | View Replies]

To: dg62
And if you live in a community property state, anything one spouse inherits after the marriage is automatically shared by the other spouse.

Actually, this not is accurate, at least as far as California (no fault state) is concerned. I think you have to be married/common law married for 10 years for the inherentance to one party to become automatically community property of both parties. I know this because my father's passing is what precipitated my first wife's divorce filing. She guessed wrong on what was really a tiny amount of money. Now she says I was the only person she's ever loved. Yea, right. I think she is currently going through divorce number 3.

175 posted on 03/16/2005 5:39:11 PM PST by Diplomat
[ Post Reply | Private Reply | To 134 | View Replies]

To: Clemenza

better:

Say no to marrying liberal/leftist or feminist women!


176 posted on 03/16/2005 6:12:59 PM PST by longtermmemmory (VOTE!)
[ Post Reply | Private Reply | To 159 | View Replies]

To: All
Does anybody know of any prenups that are put in place as a deterrent to divorce? Right now, the system tends to reward the wife if she wants out of the marriage. Is it possible to place within a prenup the terms of settlement related to unfaithfullness? I am a pastor and would find such a tool helpful as a way moving away from no-fault divorce to covenant marriage.

This is a very good question!

I would think if this were possible that it could crack the devastation that the divorce industry is profiting from.

177 posted on 03/16/2005 6:30:08 PM PST by TruthConquers (Delenda est publius schola)
[ Post Reply | Private Reply | To 35 | View Replies]

To: cajungirl
You forgot lawn care, vehicle maintenance and removing stuck lids from jars. And, yes, not only worth it, but utterly the best way to go through life. Or so it seems from here.

The grass is definitely greener on your side of the fence and even though it makes me a little bit jealous of another's good fortune, it's a beautiful thing to hear you talk about it. Before I die I hope and pray that I get to experience it for myself. Clearly your husband married well and may you never take each other for granted! (Not that it's likely you will)

178 posted on 03/16/2005 6:39:47 PM PST by GBA
[ Post Reply | Private Reply | To 166 | View Replies]

To: GBA

We are pretty old and have been tending the "grass" for a long time. Marriage is not easy but I don't know anything better. Sometimes I see it as our being two stones in one of those machines that polishes stone,,you know what I mean. It is like my edges hit his and after a while, the edges are just smoother. I think I see marriage as a long term partnership in all things and alot of habits that grow up. You have alot of choice about the habits and I thinkk that makes the difference. To start out lying to one another, well that is insurmountable.

Stick with it,you will find yours!


179 posted on 03/16/2005 7:02:15 PM PST by cajungirl (no)
[ Post Reply | Private Reply | To 178 | View Replies]

To: longtermmemmory

Over the years, I have known some married women who referred to their "get away money", or "escape money". The implication was that money was squirreled away "just in case". I remember some of the revenue streams were quite ingenuus :)


180 posted on 03/16/2005 7:37:30 PM PST by TET1968
[ Post Reply | Private Reply | To 158 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-20 ... 121-140141-160161-180181-196 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson