Reply to Giving your married child a down payment, then divorce

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[quote=Anonymous]This happened to me. I bought a house with my now ex-husband for $280k (not in DC area). My parents gave me $100k that we used to renovate the house immediately after we purchased it. A year later we separated, and then a year after that we divorced.

I was able to convince my ex not to split that money. We had not discussed it when we did the renovations, but we both knew that it wasn’t his money. However, as many posters have pointed out, it came down to trusting that my ex would be a honorable person and do the right thing. If we had stayed together longer, I don’t know how we would have handled it.

During the divorce process, I felt anxious and guilty about what I had done and possibly “losing” half of their money. I felt that I wasn’t a good steward of their money. My parents are not rich, they both grew up poor and worked hard for our family. They have never wasted money and I am the same way.

My parents never said anything to me about the house money...didn’t ask about $, how we split our assets, etc.  I was grateful for that. [/quote]

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