Reply to s/o: trusts & large sums of money gifted to both spouses, or just one?

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Reply to "s/o: trusts & large sums of money gifted to both spouses, or just one?"

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[quote=Anonymous][quote=Anonymous]BTDT. My DH inherited 1.5 million. We have been married for 25 years. As far as he is concerned (and under State law) it is his. He is generous about household expenses, but he makes it plain it is his money. It is not a good feeling. He is not always the most prudent person when it comes to money/investing, so there is considerable uncertainty. I am not making any of the decisions. He will hear me out, then ummm, hmmm, and do what he wants.

This is a gift that will bring a great deal of uncertainty into your marriage. You are emphatically NOT joint partners, and being still on the younger side, may think your in-laws are "nicer" than they are. Actions speak louder than words. We also received wedding gifts of cash, large sums --- in both our names. Those were the relatives who really wanted us to stay together. A good talk now with you DH is in order. I think those jealous posters who say, well, why look a gift horse in the mouth have never, and will never be in this position. Yes, it is a problem of the wealthy -- but wealthy people have problems, too. Best of luck with this.[/quote]

PP, I'm sorry to hear this.  But again, OP you know your husband.  My husband would not act like this (and he has tons of "his own money" that he had before marriage).  He is frugal and practical and not going to run out and buy a crazy watch/car/toy/ etc.  Now, could this money change him? I suppose it could but better to know that now rather than down the road when you have kids.[/quote]

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