Thread: Protecting Your ASSets in Thailand

Originally Posted by chitown

So yes, I am going to protect my ASSets as best I can!!!!!!!

Three times Chi ! ! Fok me....Why took it so long time to learn..


Use the head on your shoulders mate....The little one only foks up, if he does the thinking

Originally Posted by chitown

Wife Number One
Wife Number Two
Wife Number Three

Prenup ? ever heard of it ?

A three time loser. No wonder you are concerned. I sure would be! I can only say, get some legal docs in place as I don't think the borrow scheme will cover your ASSets very well.

^ I am a winner - just lost three battles!!!!!

^ Just for the record, was any of them good in the sack ???

Wife Number One - Lost a nice Condo and an apartment building

Wife Number Two - Had to giver her a 4 bedrooom house

Wife Number Three - Had to sell my last business

LOL don't you see a recurring pattern my friend.

Wife no. 4 - from Thailand - my house and car here are in her name.

LOL you seem to be the biggest idiot I've met (in cyberspace). What was stopping you from doing this????

Protect your assets. Set-up a company your can own 49% of it, get 6 other minor share-holders in, make them pre-sign a share-transfere with no date on, and a copy of there ID card signed as well. Then put land, house, car, motor-bike in the company name and you have some form for asset protection, it's alot of paper-work but at-least you dont have to bend over.

Originally Posted by Megahorn

I'll quote myself and smeg

Let's see

Quoting yourself: Bad form

Quoting Smeg: Worse form

Aren't you the shylock schlepping University PhDs for $400 on another thread? Seems asking you for financial advice is like asking Chitown for marital counseling.

Originally Posted by Texpat

Aren't you the shylock schlepping University PhDs for $400 on another thread? Seems asking you for financial advice is like asking Chitown for marital counseling.

.......

^ yup, one isn't known to shy away from another pie to finger.

Same like pussy innit - the more the better.

Originally Posted by Texpat

Seems asking you for financial advice is like asking Chitown for marital counseling.

Can't green you just now Tex, but that's a fokking classic

Originally Posted by chitown

^ I am a winner - just lost three battles!!!!!

Chitown,

I see warning signals everywhere in your track record.

Let's say you were first married at 25 & are now 42 years old. This would mean you relationships last on average around 5-6 years. Given that at least 1-2 years are taken up for each divorce, you only have around around 4 good years per relationship.

Given this level of instability, I now understand your stance & approach to later relationships. It would make absolutely no sense at all to place ANY assets in your Thai partner's name, as you would definitely lose the lot - prenup, or not. Ability to enforce a prenup in Thailand is not necessarily a given - unless you are Thai.

My guess is that you like a hot chick, but are easily manipulated into tying the knot - probably have a soft, kind heart. You have lost a bunch of money & time. Be careful out there, lad!!!

^ Wife number three sounds interesting

Hope you have better luck here in Thailand

Originally Posted by Dalton

^ Wife number three sounds interesting

Interesting does not even come close to describing her.

^

She should have been a porn star instead of nurse. She really knew her stuff!

^ Lucky bastard..

I think getting a Thai bank loan makes absolute sense.
Interesat rates are fuck all, and you could invest the money for a higher eeturn in several other currencies.
But there is a risk involved.
Citown may have his reasons as I would, borrowing here and leaving my money overseas makes much more sense, you pul 7-8% for a basic savings account easily overseas, and borrow for a car here at 2-3 %.
Whats the pain in that.
Also as I have mentioned, my wife lends money out at far more exorbitant rates to people who cannot secure a loan, might sound callous, but if she doesn't supply the loan someone else will. TIT

^ So your wife is a loan-shark, how nice....and the monthly interest rate between 3 to 10% (my best guess), from people who are dead poor already...I hope you sleep good at night.

Originally Posted by Ban Saray

might sound callous, but if she doesn't supply the loan someone else will.

That remark is a pathetic piss poor excuse to justify it..

Originally Posted by Texpat

If some of you worked half as hard at building a sound, happy marriage as you do squirrelling away your pennies and pounds, you might find living and breathing and surviving on this planet a bit less suffocating.

I wish I had another green for you. Very powerful and sound advice.

Originally Posted by floorpotato

I want to feel like we're together because we want to be.

A good sentiment and exactly how it should be.

Anything else aint good enough.

^ Damm Spin, are you going to make a new-years promise...

Originally Posted by chitown

Smarter? Just remember when your old ass HAS to go teach English each morning, that I am relaxing and enjoying life.

I'm not an English teacher
I work 132 days per year, and I work because I want to
My retirement will happen whenever I want, but unlike you I don't crave being a middle aged lazy slob pissing my days away in an isaan village because I'm burned out by three costly divorces

But thanks for the reminder anyway

^ Chi doesn't live in Isaan. If you actually read other member's posts instead of being so self-obsessed, you'd know that.

BTW, you screwed up that quote.