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Money and Finances
Reply to "Inheritance--where to put the money while deciding what to do with it?"
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[quote=Anonymous][quote=Anonymous]I am curious as to why everyone says to put it in a your-name-only account? I can see doing this for the short term, but for the long term it seems unusual for married couples who typically share accounts. Btw, if we came upon an inheritance, my Dh would also want to invest in real estate (it's his profession)[/quote] I agree with this -- my grandfather gave me a low six-figure gift several years ago as part of his estate planning, and I didn't hesitate to put it in a joint account with my DW. Sure, if our marriage winds up falling apart one day, I might regret that, but I don't think that will be the only regret if it comes to that -- and since we're perfectly happy right now, it seemed weird to insist that it was only my money.[/quote]
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