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Reply to "Protecting earned income and assets in a marriage"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Divorce is the answer. I assume your spouse is from another country. In some cultures it's okay to put your parents, siblings and other relatives on permanent assistance. You don't want any part of this nonsense OP. I am from Africa and it's very common in my country. I happen to be from a wealthy family so there is no expectation for me to help financially. Others who aren't so fortunate have helping relatives as a monthly line item in their budget. I think it's so ridiculous.[/quote] No wonder you've left Africa. No communitarian spirit at all. Enjoy your privilege.[/quote] True communitarianism means each generation takes care of the next, not the other way around. Parents are supposed to sacrifice for children; money flows downhill. When you deplete your children's resources to support adults who should have saved for their own retirement or end-of-life care, or in the case of a sibling, their own adult mistakes, you're breaking this compact and risking that your children will later struggle to support their own kids AND you. [/quote] The spouse never made that deal. My parents both of them tossed them from home at 14. Never even went to HS. They worked as servants basically next 12-14 years to each save up to get out of there to this country. And while home even as a 5 year old were put to work on the farm. Both of them were younger siblings and farm went to oldest son and they were tossed out. My Dad who had a soft against my Mom wishes gave a deposit for a house for his mom in the foreign country and made payments to make her mortgage under expectation he would inherit. He also bought a car. All while we lived in a tiny apt in the USA and I slept on floor as a child. In the end a few weeks before his Moms death the siblings in that country had will changed and took house and car. Not only that she still owned a farm in country he was to inherit a piece they also took that. My dad bought our first home when he was 54 and my mom 52 as he wasted our money for a decade giving it away. And on my Moms side she was smart enough to not fund her side. In the end they cut her out of her inheritance She got zero when her Mom died. Her bother moved title to his name on everything when Mom was 88 and left nothing for siblings. At least she did not pay off house!! I dont expect my kids to fund me. If anything I should fund them. Bad Behavior should not be repeated. [/quote]
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