kaudrey
Thinks s/he gets paid by the post
So all the married people will share . How about some of our single posters ? What would you do ?
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Hi Moemg - I'm single (divorced), and I'd probably say it depends.
My aunt and uncle are not married, mosty because of financial considerations, but have been together for 20 years, and will be together until the end. They keep their money separate - he has children from his first marriage, she wants her money to go to her nieces (my sister and I). But, they both have trusts set up so that if one dies, the other will be taken care of before the money flows to my generation. I would probably do something like this.
I lost a lot in my divorce. I was the big bread winner and am likely to be in most relationships (based on experience in dating the last few years). Although I am generous in paying for things for the people in my life because of this (including vacations and things), I do have a certain need for control over my financial life.
My other new life issue is that my sister and her husband just adopted two daughters. I have no children of my own, and at 38, am unlikely to. I would want to leave something for them. So, any inheritance I get from my parents/aunt, I would probably want whatever I didn't use to go to my nieces. As with my aunt, however, I would certainly make sure my husband was set financially first, if I was to die first.
It's not that I wouldn't share - he (the hypothetical husband) would definitely benefit because the money would allow us to retire earlier or go on more trips or whatever we decided to do with it. I guess, sharing it and having it just in my name are two different things. Having it in my name would be logistically easier, but I wouldn't not share it for things we wanted to do together.
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Hi Moemg - I'm single (divorced), and I'd probably say it depends.
My aunt and uncle are not married, mosty because of financial considerations, but have been together for 20 years, and will be together until the end. They keep their money separate - he has children from his first marriage, she wants her money to go to her nieces (my sister and I). But, they both have trusts set up so that if one dies, the other will be taken care of before the money flows to my generation. I would probably do something like this.
I lost a lot in my divorce. I was the big bread winner and am likely to be in most relationships (based on experience in dating the last few years). Although I am generous in paying for things for the people in my life because of this (including vacations and things), I do have a certain need for control over my financial life.
My other new life issue is that my sister and her husband just adopted two daughters. I have no children of my own, and at 38, am unlikely to. I would want to leave something for them. So, any inheritance I get from my parents/aunt, I would probably want whatever I didn't use to go to my nieces. As with my aunt, however, I would certainly make sure my husband was set financially first, if I was to die first.
It's not that I wouldn't share - he (the hypothetical husband) would definitely benefit because the money would allow us to retire earlier or go on more trips or whatever we decided to do with it. I guess, sharing it and having it just in my name are two different things. Having it in my name would be logistically easier, but I wouldn't not share it for things we wanted to do together.