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Reply to "Best use for 1.6 million inheritance "
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[quote=Anonymous][quote=Anonymous]I’m a divorced woman who almost learned a really hard lesson. Shortly after my dad passed away and we used my $40k inheritance to upgrade the kitchen my husband and I separated. There was a very good chance at the time that we’d have to sell the house. I may as well have flushed that inheritance down the toilet. Had I inherited my parents full estate I didn’t know better at the time than to not commingle the assets. And would have lost half to him. After we split up my XH remarried and almost immediately started a new family. He went from one heir to three and a new wife. All of the things he assured my son he’d inherit will never come to fruition. His entire estate will roll to his current (or the next) wife. All of my assets have been placed in a trust to protect them. [/quote] What "your assets" went to his trust? 40K? this is too small of an amount to worry about. If you mean 50% of joint marital assets he got in divorce then it's his right to give them whoever he wants. But you are right: if you were an OP and commingled $1.7mm that would be catastrophical[/quote]
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