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Old 10-20-2013, 12:06 PM   #21
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Managed to get him on my AAA card and a credit card. Apparently can not get him on car insurance until we have the same address.
Just curious, but why do you need to add him to these things? I understand the social security thing if you are life partners, but does he not have his own credit card and car insurance? If not, why does he need them now (especially your credit card)?
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Old 10-20-2013, 01:49 PM   #22
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I have money/income and well established credit.
Am willing to pay for improvements to make my living conditions better.

Solar water heater
Tires for his car.
Already supplied freezer and bed and dishwasher.

Crap, it's cheaper and better than assisted living.
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Old 10-20-2013, 02:26 PM   #23
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And the reason he needs to be on your credit card is....
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Old 10-20-2013, 02:35 PM   #24
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I have money/income and well established credit.
Am willing to pay for improvements to make my living conditions better.

Solar water heater
Tires for his car.
Already supplied freezer and bed and dishwasher.

Crap, it's cheaper and better than assisted living.
Pardon me, Khan, but I think you must have lost your senses. I can see this ending badly. I fear that this gentleman will squander your hard earned assets and leave you with nothing. For God 's sake (and your own) please get out of this situation while you still can.
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Old 10-20-2013, 02:45 PM   #25
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Khan, you can just buy those items yourself, you don't have to put anyone on your credit card account to do so, especially someone who has poor credit. You can keep cash around the house, or use an allowance system, but you are vulnerable to losing your good credit and your financial security with allowing him into your accounts. You could consider this person a roommate and graciously allow him to live there rentfree and even to collect social security on your record with a marriage of convenience and make him your heir, but you still don't have to give him direct access to your $$.

You are a smart person and I hope it all works out well for you, but will keep my fingers well-crossed.
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Old 10-20-2013, 02:46 PM   #26
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Pardon me, Khan, but I think you must have lost your senses. I can see this ending badly. I fear that this gentleman will squander your hard earned assets and leave you with nothing. For God 's sake (and your own) please get out of this situation while you still can.
+1. I don't see how it benefits you, Khan.
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Old 10-20-2013, 05:09 PM   #27
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Crap, it's cheaper and better than assisted living.
Maybe not in the long run !
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Old 10-20-2013, 06:17 PM   #28
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Maybe not in the long run !
Certainly higher risk, unless the other person is unquestionably trustworthy.

I get why two people who are struggling to make ends meet on their own might do this. I don't get why someone who has said in the past that she has trouble spending down her money would take this risk. An employee-employer (caregiver) relationship makes more sense to me, even if it is higher cost. A pre-nup does nothing to protect from a spouse or anyone who has access to accounts. But Khan hasn't been very forthcoming with details, which is certainly her prerogative, so maybe there's more to it.
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