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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]Professionals in the field will tell you child only. [/quote] So people with entirely co-mingled finances would be expected to set up a solo account? I get why that's smart for asset protection but IRL it seems cold AF, like the person sees the writing on the wall. [/quote] This is what my husband did. I hate him and his parents and it truly ruined my adult life with him and didn't make for a happy household for our children. Three more years and I'm out, and I will find some way to sue him for something, since we have had to spend every dime that I have earned while he sits on his trust funding not spending a dime of it without a care in the world (he doesn't have a job). You rich people are horrible and should be left to die alone. My husband and his parents will have only each other and I hope they are miserable in their old age. When my kids are adults, they will know exactly who these people are and I promise you will never give them the time of day.[/quote] +1 My father died when I was young (16) and my mother died when I was 28. My inheritance paid for my DH's grad school and allowed me (ie us) to not pay child care for the 3 years I was home with our twins. It didn't make sense to work as day care would eat the earnings I made and then some. Well, DH became ex DH at 48 when his alcoholism became out of control and he started to hit. I'll never see a dime of his very large inheritance and that's not fair.[/quote] Look, it’s rough, but what you are describing is the financial deal you get in a marriage in which you do what you did. If you want modifications to it you need a prenup or a postnup or a better divorce settlement. Or you should not have been so starry-eyed on the front end.[/quote]
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