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Reply to "Protecting earned income and assets in a marriage"
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[quote=Anonymous][quote=Anonymous]Thanks, all. OP back. I don't want to live in preparation for a separation, but it is a real possibility because of the money issues in our marriage. I was hoping there was a legal way to protect earned income and assets. I understand the concept of marital property, but I was looking for a creative way to preserve money for our kids. I could give some to my family, but I don't think they'd be willing to involve themselves. And they don't need any money from me. Although I guess I could gift them money, then they could gift it to my kids in a UTMA or even to me in a trust? If we get divorced, half of "my" savings will effectively go to my in-laws and get diverted from my kids.[/quote] Unfortunately, divorce is the only way. Otherwise it’s all marital assets. Which also means he’s giving away marital assets (his earned income). Keep track of what he gives them, document your objection, and you might be able to limit what he gets in a divorce based on your objections. But a judge may also say that you stayed with him, so it can’t have been that bad… Just divorce. This isn’t going to get better if he’s not willing to stop sending money, or limit what he sends to something you agree one. [/quote]
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