Reply to If you knew you would inherit $6M, would you do things different?

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Reply to "If you knew you would inherit $6M, would you do things different?"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]We will inherit $7-10M from my in-laws. The only thing we are changing is skipping LTC insurance. We can self insure it if we half to, but in all likelihood will interest before it would happen. [/quote]

And what are you going to do if your spouse divorces you? That money will not be yours. it is all his.

I hope you are insisting on saving for your retirement.[/quote]

Good advice.[/quote]

Not enough for "retirement" but when I found out my (now) ex was cheating for sure with a woman at work, I consulted a lawyer and she told me to take out exactly half of our savings and put it into an account in my own name. He absolutely freaked his s*** but he also couldn't argue with me that he'd been having an affair. He's still with that woman. And we're still legally married.

but I put around 300K into an account in my own name and put it into an annuity that I've never touched.

I also regularly started to move money even in small increments into that account in my name. I have like 600K now.

Not enough to retire but it's certainly a protection and he can't touch it. Even if we divorced, our net worth would still make that money entirely mine, cash available. [/quote]

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