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Reply to "Inheritance/gift to child and spouse or just child?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]It would be weird/concerning to me if my spouse inherited money and it didn’t go into a joint venture or account of some sort. After being married for a decade plus, if the will was written in a way that it was just for the child, I’d be offended. I’d also be mad at my spouse if they took it and put it into a solo account. We’re supposed to be partners and building a life together. To take a windfall as solely their own says a lot about where the relationship stands.[/quote] It’s very usual for a child who inherits money or property not to commingle it with marital assets.[/quote] I have a fantastic marriage. When I received inheritances from my grandparents, I alone chose what to spend them on. I opened Vanguard funds with them and with another I bought stocks in a company my grandma loved. DH had no input in that decision. I think he would have chosen to pay off our mortgage, which financially I don't agree with. [/quote] No snark, I swear. But do you do this for all income? Like if spouse gets a bonus and you want to pay mortgage and he wants to buy stock, do you get any say? [/quote]
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