Reply to Best use for 1.6 million inheritance

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[quote=Anonymous]OP - What would DH say if you decided NOT to commingle and instead invest it? Are you afraid of DH’s reaction if you decide to use the money how you choose?

I inherited $2 million 10 years ago. Like you we had 2 kids at private and money in 529s, investments and retirement. We also had just bought a house. Met with financial advisor who told me not to commingle. Advisor said I could use the interest off the investments -  if I wanted - to pay for updates to the house or invest more in 529 funds, but suggested the money should ultimately be invested in my name only.  I invested 95% and used 5% for fun things for the family including a great vacation.

DH and I have a solid marriage. We both contribute to household payments and 529s.  Although he makes significantly more than I do, it makes me feel confident to know I am financially secure on my own.  If DH is pressuring you to pay down the house and you don’t feel you can tell him otherwise then there are some bigger issues there. Maybe use a small portion of that inheritance on marriage counseling. [/quote]

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