Securing asset during divorce

Querist : Anonymous (Querist) 29 January 2012 This query is : Resolved
I would like to know how much rights does wife have on property of husband? If she has substancial Amount of rights than how can it be secured so that during divorce assets are not disturbed.

(Considering no kids from the husband wife relation)

1) I read somewhere that wife has rights on property of husband but she can use it rather than own it. Is it true?

2) by gifting property to father, Does law allow wife to seek property of husband?

3)During Divorce how finacial support to wife are evaluated?

4)I have appointed my mom dad as the nominee in all the investment fund and insurance funds. will law allow wife to seek share of the investment even though she is not the nominee?

as wife is not respecting my mom dad, I wish that wife dont get single penny out of this marriage.

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Devajyoti Barman (Expert) 29 January 2012
1.No
2.No
3.As per status and oncome of the husband.
4.Yes if you die without executing a Will.
No if you by Will bequeath all your properties to any one you wish.

You are bound to support your wife financially but she is not automatically entiled to all your properties after your death in the event you give those to any one by Will or gift.

However if the wife files a case under PWDV Act and the court gives any restraint order against you then you could not tranfer any of your properties. However under this Act the wife has residence right only , not the right to share the property.

Shonee Kapoor (Expert) 30 January 2012
Rightly advised.

Regards,

Shonee Kapoor
harassed.by.498a@gmail.com

V R SHROFF (Expert) 30 January 2012
already advised

Querist : Anonymous (Querist) 30 January 2012
Is it advisable that all Future investment should be routed through other family member to avoid losses in investment ?

Is there any remedy to bypass PWDV Act to avoid demage to assets or property ?

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