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Reply to "After working 20 years became SAHM - how to protect self financially"
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[quote=Anonymous]How concerned are you about the state of your marriage? I had worked for 20 years and was married for about 17 years when I decided it was best to not work full time. I left a high paying job but my DH, who had a higher paying job, was very supportive of my move. A few years later we were doing estate planning and I realized that about 80% of our assets were in his name which made me nervous. I mentioned this to him and he said not to worry about it...but I did....and without telling me he simply started transferring assets into my name. Some assets he couldn’t transfer (e.g. 401k’s) but the ones he could he did. Within a year he had moved a lot of money into my name, far more than I might have even requested! When I asked why had he transferred so much he said “you’d get half if you dumped me and 100% if you killed me so why not get started on the process!” It does help that we have a very good relationship! [/quote]
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