Reply to Protecting earned income and assets in a marriage

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[quote=Anonymous][quote=Anonymous][b]What can I do to protect what I earn and save outside of a postnup?[/b]  Divorce is a possibility in the future, but the bigger issue right now is that my spouse supports their parents and a forty-something sibling on a regular and incidental basis without discussing it with me.  My spouse is willing to draw down our joint checking account to zero to support their family of origin, so we've effectively lived paycheck to paycheck from our joint account for much of our marriage.  I have things like a separate brokerage/emergency fund, 529 plans, and retirement accounts that I fund directly from my paychecks that they can't access, and I hope to protect those accounts. I already monitor their credit.  [/quote]

If you mean "protect" it in the sense that you want to save it so that your spouse doesn't spend the money, just keep doing what you're doing -- keep it in accounts in your name only that he can't access.

If you're mean "protect" in the sense of protecting from the results of divorce -- then the answer is "nothing legal." Anything either of you earn during the marriage is marital property that will be divided upon divorce. Do with that information what you will.  [/quote]

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