Reply to After working 20 years became SAHM - how to protect self financially

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[quote=Anonymous][quote=Anonymous]You are already protected by your legal marriage. What I don't understand is you thinking you need to protect yourself if you're not divorcing. And if you're not divorcing, doing what you're thinking of doing may just cause a divorce.

In our house, it's all ours. Money, debt, savings, investments. It's 50/50, good bad or ugly. You need to sit down with your husband and discuss your finances. I can't imagine how after 20 years and two kids he would even think about making you live in poverty or what has suddenly got you into this place.

Do NOT take advice from the women here. They mostly have selfish husbands so their thought process is always go for the jugular. Don't go behind your husband's back and do something you may end up regretting. THINK THIS THROUGH WITH HIM.[/quote]

What I've seen most often with high income/no income divorce gone bad is that the higher earning spouse has money for a good attorney and a long legal fight. The spouse with no income has limited resources before the divorce judgment, has very limited money for legal costs and ends up not getting what they are entitled to on paper because they don't have enough resources for the legal battle. And it's made worse if the family is living in an expensive area and want to keep the kids in their schools. In those cases, the spouse with fewer financial resources may also lose custody time if they have to move to a cheaper area. Very few people go into marriage thinking a spouse would treat them terribly in a divorce, yet many people are treated terribly when they divorce.[/quote]

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