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Money and Finances
Reply to "SAHM: what do you do to protect yourself financially?"
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[quote=Anonymous][quote=Anonymous]My sister's DH (damn husband) walked out on her on Xmas 3 years ago, after over 30 years of marriage. She had worked but had not worked for the last 10 years. She did NOT receive any alimony (kids grown) and the only concession she rec'd was being granted 55% (not 50%) of marital assets. The bummer about this was that my father had given her over a million dollars over the last 20 years. Her DH spent half if not more of that money. Oh well. What I learned from this experience is to open an account in my name only and deposit the gifts from my father into that account. I do not co-mingle these funds. My DH gets it as we lived through my sister's divorce. Better to be safe. That said, I have a good marriage and my DH is ok with my decision to no longer co-mingle these gift checks. [/quote] We’re there assets so significant that the extra 5% offset a need for alimony? Or were the kids already out of the house, husband close to retirement, etc? Seems strange she didn’t get at least a year or two of temporary maintenance. [/quote]
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