Page 1 of 3 123 LastLast
Results 1 to 15 of 44

Thread: Couples separating - UPDATE

  1. #1
    Join Date
    27th February 2007 - 18:27
    Bike
    2007 KTM 990 Adventure
    Location
    New Plymouth
    Posts
    1,238

    Couples separating - UPDATE

    You may remember my post re when couples separate what happens to wedding rings etc.

    First thank you to everyone who replied with such nice comments and also to everyone who sent me private messages, it certainly made me feel good that there are such nice people out there.

    This week I have been patient with her etc and as she had already taken all of her jewellery from the house I suggested that we should both make a list of what she has so we can take it all into account when the final wash up comes.

    Well GOOD NEWS today she has said that I can have the KTM if she can have the jewellery!!!!!! I have said yes but she has to put it in writing.

    So the 2007 990 Adventure KTM with less than 3000km on it is now mine and not included in any future division of assets!!


  2. #2
    Join Date
    7th November 2004 - 11:00
    Bike
    Aquired by locals
    Location
    Groote Eylandt
    Posts
    6,606
    Awesome news matey. Get a lawyer or someone to witness the signing ect.

    Sorry again to hear about the break up
    To every man upon this earth
    Death cometh sooner or late
    And how can a man die better
    Than facing fearful odds
    For the ashes of his fathers
    And the temples of his Gods

  3. #3
    Join Date
    14th April 2005 - 12:00
    Bike
    1990 Yamaha Virago XV1100
    Location
    Dunedin
    Posts
    3,685
    Quote Originally Posted by young1 View Post
    ...today she has said that I can have the KTM if she can have the jewellery!!!!!!...
    "You took the KT, and left her the jewels to hide..." (Blues Brothers)
    Can I believe the magic of your size... (The Shirelles)

  4. #4
    Join Date
    1st November 2005 - 08:18
    Bike
    F-117.
    Location
    Banana Republic of NZ
    Posts
    7,048
    Quote Originally Posted by young1 View Post
    Well GOOD NEWS today she has said that I can have the KTM if she can have the jewellery!!!!!! I have said yes but she has to put it in writing.

    So the 2007 990 Adventure KTM with less than 3000km on it is now mine and not included in any future division of assets!!
    Be VERY careful.
    Before signing anything, get your lawyer to approve it.
    TOP QUOTE: “The problem with socialism is that sooner or later you run out of other people’s money.”

  5. #5
    Join Date
    13th March 2003 - 11:47
    Bike
    2006 Honda XR250L
    Location
    Porirua
    Posts
    7,355
    Yep, well you couldn't have ridden the jewellery so should be a good outcome.
    Cheers

    Merv

  6. #6
    Join Date
    27th February 2007 - 18:27
    Bike
    2007 KTM 990 Adventure
    Location
    New Plymouth
    Posts
    1,238
    Son told me today that my ex wife (first time I have said that) came into the house today to get some of her clothes and she also took her riding gear!!! Helmet, brand new boots and pants and a borrowed jacket.

    That prick she is with better not be a biker (if so I bet he rides a Honda!!)

  7. #7
    Join Date
    9th January 2005 - 22:12
    Bike
    Street Triple R
    Location
    christchurch
    Posts
    8,380
    Im putting this message up in public rather than a PM because it is probably of general interest.

    There are very specific requirements around divvying up stuff, and contracting out. They arent that onerous, but it WILL cost you some money to sort out. Get a lawyer.

    I tend to class this sort of stuff (jewellery/vehicles) in the "easy to deal with" part of the equation: she probably doesnt give a shit abuot your bike, and you dont give a crap about the jewellery really.

    So thats a win/win.

    the shitfight will happen with the house, superannuation, investments, inheritances you might have received (hint: if one of you got an inheritance, and you say paid off a joint mortgage, the inheritance is to all intents and purposes now joint property): not so if it just sits in a separate bank account or whatever.

    Get a lawyer, because of course you are going to get a reaming from the IRD and you want to make sure at least its the minimum pain.

    its also past time for you to stop any joint credit cards, freeze any joint bank accounts, and generally to be on the ball to ensure you dont get reamed (conversely its up to you to ensure you dont do anything nasty, even if you are tempted).

    I think I mentioned get a lawyer? Seriously....

    PM me if you want advice, and try and get a recommendation from someone you know for a lawyer.

    Good luck, the whole situation completely sucks, but its a process, you just have to take it a step at a time.
    I thought elections were decided by angry posts on social media. - F5 Dave

  8. #8
    Join Date
    15th June 2006 - 21:15
    Bike
    2006 F650GS
    Location
    Hawkes Bay
    Posts
    1,112
    Quote Originally Posted by young1 View Post
    Son told me today that my ex wife (first time I have said that) came into the house today to get some of her clothes and she also took her riding gear!!! Helmet, brand new boots and pants and a borrowed jacket.

    That prick she is with better not be a biker (if so I bet he rides a Honda!!)
    Well I would suggest you get that 990 signed over (all legal begal), cause if he is a rider then he will be egging her on to get it

    Also I think its time for a trip down South and let your hair down (even the lack of it ), what da ya reckon about the Burt Munro Rally in November?

    Cheers Scott

    Dusty Butt 1000km - We knocked the bugger off what next?

  9. #9
    Join Date
    9th January 2005 - 22:12
    Bike
    Street Triple R
    Location
    christchurch
    Posts
    8,380
    Quote Originally Posted by Swoop View Post
    Be VERY careful.
    Before signing anything, get your lawyer to approve it.
    any purported contracting out or settlement agreement is invalid UNLESS a lawyer witnesses it, AND endorses a certificate that they've explained the "effect and implication" of the agreement to the person they represent. Its manadated in the PRA*

    There is some fascinating, and in my view very wrong, caselaw around what this means, which I wont bore you with....


    *Property (Relationships) Act 1976.


    if anyone wants to look at the act itself, go to www.legislation.govt.nz, hit "statutes" then scroll to P and look for the PRA.
    I thought elections were decided by angry posts on social media. - F5 Dave

  10. #10
    Join Date
    27th February 2007 - 18:27
    Bike
    2007 KTM 990 Adventure
    Location
    New Plymouth
    Posts
    1,238
    Quote Originally Posted by HenryDorsetCase View Post
    Im putting this message up in public rather than a PM because it is probably of general interest.

    There are very specific requirements around divvying up stuff, and contracting out. They arent that onerous, but it WILL cost you some money to sort out. Get a lawyer.

    I tend to class this sort of stuff (jewellery/vehicles) in the "easy to deal with" part of the equation: she probably doesnt give a shit abuot your bike, and you dont give a crap about the jewellery really.

    So thats a win/win.

    the shitfight will happen with the house, superannuation, investments, inheritances you might have received (hint: if one of you got an inheritance, and you say paid off a joint mortgage, the inheritance is to all intents and purposes now joint property): not so if it just sits in a separate bank account or whatever.

    Get a lawyer, because of course you are going to get a reaming from the IRD and you want to make sure at least its the minimum pain.

    its also past time for you to stop any joint credit cards, freeze any joint bank accounts, and generally to be on the ball to ensure you dont get reamed (conversely its up to you to ensure you dont do anything nasty, even if you are tempted).

    I think I mentioned get a lawyer? Seriously....

    PM me if you want advice, and try and get a recommendation from someone you know for a lawyer.

    Good luck, the whole situation completely sucks, but its a process, you just have to take it a step at a time.

    Thanks for the advice, I do work for a law firm but we dont do Family Law, I have been to see a lawyer and have found out some of the things that I need to be aware of. The most important thing that I was told was not to rush into anything (advice that I am now taking).

    She has given me a letter that she has signed, that I will also sign and return to her, saying that basically the jewellery is hers and the KTM is mine and neither is to be taken into account in any distribution of assets.

    Credit cards etc were stopped last week, overdraft facility was dropped right down etc etc

    Mike

  11. #11
    Join Date
    9th January 2005 - 22:12
    Bike
    Street Triple R
    Location
    christchurch
    Posts
    8,380
    good effort. You might want to retain some sort of evidence (insurance valuations/bike shop quote for second hand value) as to values (just in case it does go all to shit later...)
    I thought elections were decided by angry posts on social media. - F5 Dave

  12. #12
    Join Date
    27th February 2007 - 18:27
    Bike
    2007 KTM 990 Adventure
    Location
    New Plymouth
    Posts
    1,238
    Quote Originally Posted by HenryDorsetCase View Post
    good effort. You might want to retain some sort of evidence (insurance valuations/bike shop quote for second hand value) as to values (just in case it does go all to shit later...)

    Yes I have already had the two cars valued, and I will lose a packet on my 03 Subaru Impreza STI!! have noted the mileage of the KTM etc.

  13. #13
    Join Date
    11th July 2005 - 00:17
    Bike
    2005 FZS1000 "Tasha"
    Location
    out back in the OutBack
    Posts
    1,570
    problem is your future depends on you thinking/acting coolly and logically now ---- just when you are prolly still stunned and battered emotionally from the sudden way your life has changed & just wanna curl up in a ball and hide

    but that's the way it is
    so stay strong
    and save the pissup until after the paperwork is done and dusted

    hugs fella
    ... ...

    Grass wedges its way between the closest blocks of marble and it brings them down. This power of feeble life which can creep in anywhere is greater than that of the mighty behind their cannons....... - Honore de Balzac

  14. #14
    Join Date
    27th February 2007 - 18:27
    Bike
    2007 KTM 990 Adventure
    Location
    New Plymouth
    Posts
    1,238
    Quote Originally Posted by mstriumph View Post
    problem is your future depends on you thinking/acting coolly and logically now ---- just when you are prolly still stunned and battered emotionally from the sudden way your life has changed & just wanna curl up in a ball and hide

    but that's the way it is
    so stay strong
    and save the pissup until after the paperwork is done and dusted

    hugs fella
    Yep I am taking things slowly now. Yep a few quiet rums will be well worth it once everything is finalised (but I am not looking forward to the day I see her with that prick downtown!!! or worse on a ride somewhere!)

  15. #15
    Join Date
    11th July 2005 - 00:17
    Bike
    2005 FZS1000 "Tasha"
    Location
    out back in the OutBack
    Posts
    1,570
    walk it thru in your head
    think what you will do to keep control of yourself
    it sounds crazy but a little 'rehearsal' can save a whole lot of grief when the situation eventually DOES eventuate.
    ... ...

    Grass wedges its way between the closest blocks of marble and it brings them down. This power of feeble life which can creep in anywhere is greater than that of the mighty behind their cannons....... - Honore de Balzac

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •