My coworkers is currently going through a messy divorce. He is secretly liquidating all his assets and planning on putting it all into a 10 year non redemable GIC. He seems to think he can delay having to pay his spouse if the money cannot be accessed. He doesn't want his spouse to be able to access the money even if he won't be able to access it either.

This guy has a few screws loose so I didn't ask any flow up questions. Is this as stupid as it sounds?