This is a practice in which a wealthy man transfers his income and net worth to the name of a close relative to prevent financial exploitation by women who marry for the sole purpose of gaining financial benefits from a premeditated divorce.
I don't trust my girlfriend, Natasha. She loves money a lot. If we get married, I am considering applying Hakimi's Law to protect my financial assets.
by Gerald NMT April 15, 2023
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It is a traditional practice where a married man transfers all belongings under his name to a close relative of his shortly into his marriage to protect himself from possible greedy and selfless abuse of a divorce by his wife resulting in him losing 50% of all belongings or a possibly higher proportion.
I might follow hakimi's law to protect myself soon, I'm worried my partner will divorce me for my money and belongings.
by controllzlmao April 19, 2023
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