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Pony Express
 
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Default Do You Own a Yacht???

Are you stating that you lied on an official CG document?
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----
Steve
S/V Pony Express

"Bobsprit" wrote in message
...
It certainly does. It indicates both physical ownership and managing
ownership. But you knew that since your boat is documented.

Not at all. You don't know the law. The original reciept and insurance and
operator papers indicate ownership. Documentation is NOT a title.
But there's a far better reason to put the documentation in my wife's

name.

Sorry.

RB


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Bobsprit
 
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Default Do You Own a Yacht???

Are you stating that you lied on an official CG document?

I'm married. If my name was on the doc, my wife would also own the boat. We
have no prenup. In any case she actually paid for the boat, as I had paid for
the previous item....the car.

RB
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Pony Express
 
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Default Do You Own a Yacht???

The documentation should list *all* owners. So, you don't own a boat?
No prenup? How did you con her into that?
Have you ever seen the Cert. of Doc.? How about a pic of this Doc #
'plaque'. Is it legal?
--
----
Steve
S/V Pony Express

"Bobsprit" wrote in message
...
Are you stating that you lied on an official CG document?

I'm married. If my name was on the doc, my wife would also own the boat.

We
have no prenup. In any case she actually paid for the boat, as I had paid

for
the previous item....the car.

RB


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Bobsprit
 
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Default Do You Own a Yacht???

The documentation should list *all* owners. So, you don't own a boat?
No prenup? How did you con her into that?

I did not want my name on paperwork that indicates me as "owner" of anything.


RB
  #5   Report Post  
Jeff Morris
 
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Default Do You Own a Yacht???

I don't know how the laws work in New York, but I think that the concept of "community
property" applies to divorce, but not necessarily liability, estate and other issues. If
Suzy was listed as the only owner on your CG-1258, she is the owner, not you. If you
tried to sell the boat, or even take it to another country, you would need her permission.

http://www.uscg.mil/hq/g-m/vdoc/forms/cg1258.pdf

-j


"Bobsprit" wrote in message
...
Are you stating that you lied on an official CG document?

I'm married. If my name was on the doc, my wife would also own the boat. We
have no prenup. In any case she actually paid for the boat, as I had paid for
the previous item....the car.

RB





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Bobsprit
 
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Default Do You Own a Yacht???

I don't know how the laws work in New York, but I think that the concept of
"community
property" applies to divorce, but not necessarily liability, estate and other
issues.

You don't know the law here. If I get divorced, Suzanne would get probably
close to 75% of everything. Putting stuff in my name just makes no difference
and creates a tax profile that I don't need.
Do you know what a tax profile is? Do you know to keep yours subdued? If you
have a good accountant, he'd explain to you that you can save BIG by keeping
one profile small. As her estate is quite large, it made sense to stay in
keeping with that.
You definately need some legal advice if you think you "own" your boat! Unless
you had it before the marriage!

RB
  #7   Report Post  
Bobsprit
 
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Default Do You Own a Yacht???

I'll post the doc next week when I pick it up.

Post the number now. Enough with delays and lame excuses that don't
hold up under even light scrutiny.

I posted the # when we bought the boat. Can't you find it?
Why aren't you betting if you have a leg to stand on? With the little toy you
sail, 1K would be HUGE for you.

RB
  #8   Report Post  
Scott Vernon
 
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Default Do You Own a Yacht???

No you're not.

"Bobsprit" wrote
I'm married.



 
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