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Relationship Discussion (non-explicit)
Reply to "Second marriage finances"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]We don't commingle any accounts and never will. We each own a home we bought before we were married. Wills haven't changed (all to my kids) but I did put him as the beneficiary to one of my savings. [/quote] Except if you divorce, it won’t matter if you kept separate accounts. Wealth accrued during the marriage is marital property. Hope you have a signed prenup that says otherwise. [/quote] This is a lie that stayed at her mom’s tell themselves. It’s not true. It’s also a huge surprise to them when their lawyer explains this to them during the divorce proceedings.[/quote] I am the PP. No, this is accurate. I divorced an attorney. I am an equal earner. Everything earned during the marriage is marital property. Premarital property is yours but once you get married, any earnings or growth in assets is joint property. It is why I (a woman) will never remarry. I will never share .50 on the dollar with a man ever again—that is what would happen with my earnings and retirement contributions from the date is the marriage onward. [/quote]
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