Reply to Inheritance/gift to child and spouse or just child?

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[quote=Anonymous][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]

Not PP, but I did the same thing with money my mother left me.

An inheritance is not “income.“ It is family money, an inheritance.

In our family, I am the only one who gets bonuses because DH is a teacher. Of course my bonuses go into the common pot and we decide together what to do with that money, because it is earned income. The money that my mother saved for decades and left me, on the other hand, is not earned income.  She left it to me in her will. It belongs to me.[/quote]

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