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Reply to "Inheritance--where to put the money while deciding what to do with it?"
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[quote=Anonymous][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,[b] if we came upon an inheritance, my Dh would also want to invest in real estate (it's his profession)[/b]/quote] But it wouldn't be his money if YOU came into an inheritance. When he gets an inheritance, he can decide what to do with it. Your inherited money is your money.[/quote] I'm the person with the low 7 figure inheritance. I can tell you if my DH treated it like this, I would have had a serious problem with it. Granted our amount was a lot higher. But these are major decisions that potentially affect where you live, lifestyle, children's education, retirement age, etc. And one person in the marriage gets to decide in a vacuum? No.[/quote]
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