Reply to Your spouse’s net worth is not yours!

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]The only way your spouse‘s net worth does not count is if you had a [b]prenup[/b]. Otherwise, your spouse gets half of yours. So the divorce will be costly for both. It always is. [/quote]

This.  I am a SAHM with grown kids. No prenup. Married 30 years. Everything is jointly held. And yes, everything that we have earned, built, raised and launched is ours -jointly. [/quote]

As long as ALL of the accounts and property are in both of your names as joint tenants with/ rights of survivorship, and you can log in to any accounts and use them, and you file a joint tax return and study it, and you otherwise have complete transparency and trust, then I think you are doing it right in your marriage, and you can feel comfortable as a SAHM that you'd get half in divorce and all in death.  The problem is that many SAHMs, including my own mom, have no access to major accounts and are completely in the dark.  In death, they won't get the entire estate but something like 33-50%, possibly in a trust with restrictions.  In a divorce, they may struggle to fully understand the marital property and end up with less than half. In life, the working spouse who controls the purse may keep them on an artificially low budget.  [/quote]

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