Protecting money you gift adult kids for a house

[Anonymous]

Anonymous wrote:

Anonymous wrote:Oh, that makes more sense.

Thanks for mansplaining how I should handle leaving my career to raise my children.

And PP - divorce surrounding money is a leading factor in bankruptcy and other financial emergencies. You lose love, maybe your kids , - but if you protected your assets you don't lose your quality of life. Or kids.

Because I can always provide for my kids I will never be in trouble. That gives me complete freedom. Lots of people on here hate their spouse but are financially trapped. We aren't, because like adults, we considered all possibilities before we wed.

You mentioned up thread that you had massive wealth. Wouldn't that leave you with more than enough even if you split it with your DH?

Oh I have more than enough without my trust. However, because the LAW recognizes the importance of protecting inheritance and trusts, I'd never give up money to someone who was separating from me.

If you are willing to give a man you are leaving 12-15 million dollars that never belonged to him in the first place- you are pretty awesome.

Have you actually seen anyone go through a divorce?

[Anonymous]

Anonymous wrote:

Anonymous wrote:Oh, that makes more sense.

Thanks for mansplaining how I should handle leaving my career to raise my children.

And PP - divorce surrounding money is a leading factor in bankruptcy and other financial emergencies. You lose love, maybe your kids , - but if you protected your assets you don't lose your quality of life. Or kids.

Because I can always provide for my kids I will never be in trouble. That gives me complete freedom. Lots of people on here hate their spouse but are financially trapped. We aren't, because like adults, we considered all possibilities before we wed.

LOL. Nice try, but my wife--who, by the way, is a SAHP--feels the way I do. But feel free to keep grasping. Now I'll be the "mansplainer" instead of the "bullshit woman."

Oh does she? I love hearing how people in theoretical situations deal with their imaginary money!

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Oh, that makes more sense.

Thanks for mansplaining how I should handle leaving my career to raise my children.

And PP - divorce surrounding money is a leading factor in bankruptcy and other financial emergencies. You lose love, maybe your kids , - but if you protected your assets you don't lose your quality of life. Or kids.

Because I can always provide for my kids I will never be in trouble. That gives me complete freedom. Lots of people on here hate their spouse but are financially trapped. We aren't, because like adults, we considered all possibilities before we wed.

LOL. Nice try, but my wife--who, by the way, is a SAHP--feels the way I do. But feel free to keep grasping. Now I'll be the "mansplainer" instead of the "bullshit woman."

Oh does she? I love hearing how people in theoretical situations deal with their imaginary money!

You're running out of people to mistrust. Can't trust my opinion because I'm a "bullshit woman." Then you can't trust it because I'm a "mansplainer." Then you can't trust my wife's because she has "imaginary money." Before I was going to lose half my wealth. Then I had nothing to lose. Now my wife is broke...

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Oh, that makes more sense.

Thanks for mansplaining how I should handle leaving my career to raise my children.

And PP - divorce surrounding money is a leading factor in bankruptcy and other financial emergencies. You lose love, maybe your kids , - but if you protected your assets you don't lose your quality of life. Or kids.

Because I can always provide for my kids I will never be in trouble. That gives me complete freedom. Lots of people on here hate their spouse but are financially trapped. We aren't, because like adults, we considered all possibilities before we wed.

You mentioned up thread that you had massive wealth. Wouldn't that leave you with more than enough even if you split it with your DH?

Oh I have more than enough without my trust. However, because the LAW recognizes the importance of protecting inheritance and trusts, I'd never give up money to someone who was separating from me.

If you are willing to give a man you are leaving 12-15 million dollars that never belonged to him in the first place- you are pretty awesome.

Have you actually seen anyone go through a divorce?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Oh, that makes more sense.

Thanks for mansplaining how I should handle leaving my career to raise my children.

And PP - divorce surrounding money is a leading factor in bankruptcy and other financial emergencies. You lose love, maybe your kids , - but if you protected your assets you don't lose your quality of life. Or kids.

Because I can always provide for my kids I will never be in trouble. That gives me complete freedom. Lots of people on here hate their spouse but are financially trapped. We aren't, because like adults, we considered all possibilities before we wed.

LOL. Nice try, but my wife--who, by the way, is a SAHP--feels the way I do. But feel free to keep grasping. Now I'll be the "mansplainer" instead of the "bullshit woman."

Oh does she? I love hearing how people in theoretical situations deal with their imaginary money!

You're running out of people to mistrust. Can't trust my opinion because I'm a "bullshit woman." Then you can't trust it because I'm a "mansplainer." Then you can't trust my wife's because she has "imaginary money." Before I was going to lose half my wealth. Then I had nothing to lose. Now my wife is broke...

I mistrust anyone who has plans - or who plans to tell other people how to use money that they don't have. Are you the poster with no money? Do you always speak for your wife? Divorce is a bitch. Our parents have 96 years of marriage between them, we are lucky and we recognize it. I don't have to mistrust people as my wealth is protected.

If you are the same poster with a SAHM , if you were the same poster who admits to having nothing.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Oh, that makes more sense.

Thanks for mansplaining how I should handle leaving my career to raise my children.

And PP - divorce surrounding money is a leading factor in bankruptcy and other financial emergencies. You lose love, maybe your kids , - but if you protected your assets you don't lose your quality of life. Or kids.

Because I can always provide for my kids I will never be in trouble. That gives me complete freedom. Lots of people on here hate their spouse but are financially trapped. We aren't, because like adults, we considered all possibilities before we wed.

You mentioned up thread that you had massive wealth. Wouldn't that leave you with more than enough even if you split it with your DH?

Oh I have more than enough without my trust. However, because the LAW recognizes the importance of protecting inheritance and trusts, I'd never give up money to someone who was separating from me.

If you are willing to give a man you are leaving 12-15 million dollars that never belonged to him in the first place- you are pretty awesome.

Have you actually seen anyone go through a divorce?

Poor piggy looking for money he doesn't have in his slop bucket.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Oh, that makes more sense.

Thanks for mansplaining how I should handle leaving my career to raise my children.

And PP - divorce surrounding money is a leading factor in bankruptcy and other financial emergencies. You lose love, maybe your kids , - but if you protected your assets you don't lose your quality of life. Or kids.

Because I can always provide for my kids I will never be in trouble. That gives me complete freedom. Lots of people on here hate their spouse but are financially trapped. We aren't, because like adults, we considered all possibilities before we wed.

LOL. Nice try, but my wife--who, by the way, is a SAHP--feels the way I do. But feel free to keep grasping. Now I'll be the "mansplainer" instead of the "bullshit woman."

Oh does she? I love hearing how people in theoretical situations deal with their imaginary money!

You're running out of people to mistrust. Can't trust my opinion because I'm a "bullshit woman." Then you can't trust it because I'm a "mansplainer." Then you can't trust my wife's because she has "imaginary money." Before I was going to lose half my wealth. Then I had nothing to lose. Now my wife is broke...

So your SAH wife has her own money?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Oh, that makes more sense.

Thanks for mansplaining how I should handle leaving my career to raise my children.

And PP - divorce surrounding money is a leading factor in bankruptcy and other financial emergencies. You lose love, maybe your kids , - but if you protected your assets you don't lose your quality of life. Or kids.

Because I can always provide for my kids I will never be in trouble. That gives me complete freedom. Lots of people on here hate their spouse but are financially trapped. We aren't, because like adults, we considered all possibilities before we wed.

LOL. Nice try, but my wife--who, by the way, is a SAHP--feels the way I do. But feel free to keep grasping. Now I'll be the "mansplainer" instead of the "bullshit woman."

Oh does she? I love hearing how people in theoretical situations deal with their imaginary money!

You're running out of people to mistrust. Can't trust my opinion because I'm a "bullshit woman." Then you can't trust it because I'm a "mansplainer." Then you can't trust my wife's because she has "imaginary money." Before I was going to lose half my wealth. Then I had nothing to lose. Now my wife is broke...

I mistrust anyone who has plans - or who plans to tell other people how to use money that they don't have. Are you the poster with no money? Do you always speak for your wife? Divorce is a bitch. Our parents have 96 years of marriage between them, we are lucky and we recognize it. I don't have to mistrust people as my wealth is protected.

If you are the same poster with a SAHM , if you were the same poster who admits to having nothing.

It sounds like the main thing you trust is your wealth, to be honest.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Oh, that makes more sense.

Thanks for mansplaining how I should handle leaving my career to raise my children.

And PP - divorce surrounding money is a leading factor in bankruptcy and other financial emergencies. You lose love, maybe your kids , - but if you protected your assets you don't lose your quality of life. Or kids.

Because I can always provide for my kids I will never be in trouble. That gives me complete freedom. Lots of people on here hate their spouse but are financially trapped. We aren't, because like adults, we considered all possibilities before we wed.

LOL. Nice try, but my wife--who, by the way, is a SAHP--feels the way I do. But feel free to keep grasping. Now I'll be the "mansplainer" instead of the "bullshit woman."

Oh does she? I love hearing how people in theoretical situations deal with their imaginary money!

You're running out of people to mistrust. Can't trust my opinion because I'm a "bullshit woman." Then you can't trust it because I'm a "mansplainer." Then you can't trust my wife's because she has "imaginary money." Before I was going to lose half my wealth. Then I had nothing to lose. Now my wife is broke...

So your SAH wife has her own money?

Nope. Neither of us has "our own money", because all of the money in our accounts belongs to both of us equally.

[Anonymous]

Anonymous wrote:I thought assets brought to the marriage remain separate? If so, I would think the key is to gift your child the down payment money prior to the wedding. Then after the wedding, they buy the house with it. This way in the event of divorce, the child would still get their initial down payment back before any other proceeds are split.

Actually, this would not work. Once you mix assets you brought to the marriage, then their part of the joint assets.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Oh, that makes more sense.

Thanks for mansplaining how I should handle leaving my career to raise my children.

And PP - divorce surrounding money is a leading factor in bankruptcy and other financial emergencies. You lose love, maybe your kids , - but if you protected your assets you don't lose your quality of life. Or kids.

Because I can always provide for my kids I will never be in trouble. That gives me complete freedom. Lots of people on here hate their spouse but are financially trapped. We aren't, because like adults, we considered all possibilities before we wed.

LOL. Nice try, but my wife--who, by the way, is a SAHP--feels the way I do. But feel free to keep grasping. Now I'll be the "mansplainer" instead of the "bullshit woman."

Oh does she? I love hearing how people in theoretical situations deal with their imaginary money!

You're running out of people to mistrust. Can't trust my opinion because I'm a "bullshit woman." Then you can't trust it because I'm a "mansplainer." Then you can't trust my wife's because she has "imaginary money." Before I was going to lose half my wealth. Then I had nothing to lose. Now my wife is broke...

I mistrust anyone who has plans - or who plans to tell other people how to use money that they don't have. Are you the poster with no money? Do you always speak for your wife? Divorce is a bitch. Our parents have 96 years of marriage between them, we are lucky and we recognize it. I don't have to mistrust people as my wealth is protected.

If you are the same poster with a SAHM , if you were the same poster who admits to having nothing.

It sounds like the main thing you trust is your wealth, to be honest.

You don't save? You don't worry about retirement? You can fund your kids college? Awesome! Do you "trust" your 401k? I trust my husband implicitly. I grow my money responsibly. If you think that the two are mutually exclusive you are simple.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Oh, that makes more sense.

Thanks for mansplaining how I should handle leaving my career to raise my children.

And PP - divorce surrounding money is a leading factor in bankruptcy and other financial emergencies. You lose love, maybe your kids , - but if you protected your assets you don't lose your quality of life. Or kids.

Because I can always provide for my kids I will never be in trouble. That gives me complete freedom. Lots of people on here hate their spouse but are financially trapped. We aren't, because like adults, we considered all possibilities before we wed.

You mentioned up thread that you had massive wealth. Wouldn't that leave you with more than enough even if you split it with your DH?

Oh I have more than enough without my trust. However, because the LAW recognizes the importance of protecting inheritance and trusts, I'd never give up money to someone who was separating from me.

If you are willing to give a man you are leaving 12-15 million dollars that never belonged to him in the first place- you are pretty awesome.

Have you actually seen anyone go through a divorce?

Poor piggy looking for money he doesn't have in his slop bucket.

BWAHAHAHAHA

the piggy is the person who enters a marriage with a vow to protect his/her money from his/her spouse!

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Oh, that makes more sense.

Thanks for mansplaining how I should handle leaving my career to raise my children.

And PP - divorce surrounding money is a leading factor in bankruptcy and other financial emergencies. You lose love, maybe your kids , - but if you protected your assets you don't lose your quality of life. Or kids.

Because I can always provide for my kids I will never be in trouble. That gives me complete freedom. Lots of people on here hate their spouse but are financially trapped. We aren't, because like adults, we considered all possibilities before we wed.

LOL. Nice try, but my wife--who, by the way, is a SAHP--feels the way I do. But feel free to keep grasping. Now I'll be the "mansplainer" instead of the "bullshit woman."

Oh does she? I love hearing how people in theoretical situations deal with their imaginary money!

You're running out of people to mistrust. Can't trust my opinion because I'm a "bullshit woman." Then you can't trust it because I'm a "mansplainer." Then you can't trust my wife's because she has "imaginary money." Before I was going to lose half my wealth. Then I had nothing to lose. Now my wife is broke...

So your SAH wife has her own money?

Nope. Neither of us has "our own money", because all of the money in our accounts belongs to both of us equally.

That's great! You didn't have to walk the muddy waters of having a trust fund. As such- your opinion doesn't matter.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Oh, that makes more sense.

Thanks for mansplaining how I should handle leaving my career to raise my children.

And PP - divorce surrounding money is a leading factor in bankruptcy and other financial emergencies. You lose love, maybe your kids , - but if you protected your assets you don't lose your quality of life. Or kids.

Because I can always provide for my kids I will never be in trouble. That gives me complete freedom. Lots of people on here hate their spouse but are financially trapped. We aren't, because like adults, we considered all possibilities before we wed.

LOL. Nice try, but my wife--who, by the way, is a SAHP--feels the way I do. But feel free to keep grasping. Now I'll be the "mansplainer" instead of the "bullshit woman."

Oh does she? I love hearing how people in theoretical situations deal with their imaginary money!

You're running out of people to mistrust. Can't trust my opinion because I'm a "bullshit woman." Then you can't trust it because I'm a "mansplainer." Then you can't trust my wife's because she has "imaginary money." Before I was going to lose half my wealth. Then I had nothing to lose. Now my wife is broke...

I mistrust anyone who has plans - or who plans to tell other people how to use money that they don't have. Are you the poster with no money? Do you always speak for your wife? Divorce is a bitch. Our parents have 96 years of marriage between them, we are lucky and we recognize it. I don't have to mistrust people as my wealth is protected.

If you are the same poster with a SAHM , if you were the same poster who admits to having nothing.

It sounds like the main thing you trust is your wealth, to be honest.

You don't save? You don't worry about retirement? You can fund your kids college? Awesome! Do you "trust" your 401k? I trust my husband implicitly. I grow my money responsibly. If you think that the two are mutually exclusive you are simple.

None of the things you mentioned require a prenuptial agreement...

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Oh, that makes more sense.

Thanks for mansplaining how I should handle leaving my career to raise my children.

And PP - divorce surrounding money is a leading factor in bankruptcy and other financial emergencies. You lose love, maybe your kids , - but if you protected your assets you don't lose your quality of life. Or kids.

Because I can always provide for my kids I will never be in trouble. That gives me complete freedom. Lots of people on here hate their spouse but are financially trapped. We aren't, because like adults, we considered all possibilities before we wed.

LOL. Nice try, but my wife--who, by the way, is a SAHP--feels the way I do. But feel free to keep grasping. Now I'll be the "mansplainer" instead of the "bullshit woman."

Oh does she? I love hearing how people in theoretical situations deal with their imaginary money!

You're running out of people to mistrust. Can't trust my opinion because I'm a "bullshit woman." Then you can't trust it because I'm a "mansplainer." Then you can't trust my wife's because she has "imaginary money." Before I was going to lose half my wealth. Then I had nothing to lose. Now my wife is broke...

So your SAH wife has her own money?

Nope. Neither of us has "our own money", because all of the money in our accounts belongs to both of us equally.

That's great! You didn't have to walk the muddy waters of having a trust fund. As such- your opinion doesn't matter.

Muddy waters indeed!