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Reply to "SAHMs, how much money do you have in your own name that is not joint?"
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[quote=Anonymous][quote=Anonymous]Can someone please explain to me why you need accounts in your "own name?" Besides in the unlikely event that one spouse's assets would be frozen? If you were to divorce, both your assets would be pooled and counted in the settlement, right? (Except, as far as I understand, inheritances that have not been co-mingled).[/quote] But to leave someone, you need available cash and can't wait around for the divorce money. I'm thinking abuse situation, etc. [/quote]
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