A woman lamented bitterly after making what she thought was a sound financial decision that later backfired on her.
She claimed she transferred all of her assets and properties to her brother’s name, but his wife recently filed for divorce and demanded half of her brother’s assets.
According to the woman, who wrote to Ssalongo Ssali, a Ugandan financial advisor, she had been saving and acquiring properties without informing her husband.
The mother of three bought plots of land, motorcycles for business, started a rental company and registered everything under her brother’s name.
She did that in case her husband tries to divorce her, unfortunately, her brothers’s wife who is aware that she fixed her assets in his name still wants half of the properties in the divorce settlement.
The distraught woman has asked for advice on what to do now that her sister-in-law with to kids wants to claim her properties through the divorce.
In her words; “I am a married woman and a mother of 3 kids. My husband is financially well off. I am working at my professional job and he left me with full authority and freedom to manage my finances as i wish.
I have saved and by God’s grace, i have secretly accumulated a number of property including rentals, various plots of land, taxis for business etc. To be honest, i registered most of my property into my brother’s names with fear that in case my husband divorces me, i have all my property and i move on.
Unfortunately my brother’s wife of 2 kids has recently filed for divorce and wants more than half of his property and fortune. To make matters worse, she is aware of all property registered in her husband’s names including my investments! And she’s very serious with divorce and property sharing!
I really regret why i did this! How can i save my investments? Advise me.”
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