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Money and Finances
Reply to "SAHM: what do you do to protect yourself financially?"
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[quote=Anonymous][quote=Anonymous]I definitely had concerns about this and about five years ago I had a real heart to heart with my husband. He did two things - first he gave me a complete run down of all of our assets [b]and second he has transferred more than half of the assets under my name. [/b]I know that they are marital assets and would be divided but it gave me comfort that he did something given my concern. [/quote] What and how? I assume your house already had both of you on the title. You can’t switch the owner of a retirement account or an account of RSUs. Are you talking about a regular brokerage account? I suppose you could add someone as an account owner, but no, you really can’t divide up the assets and devise going forward one person is the “owner.” Please explain what you mean by your husband “transferring” more than half of the assets under your name. Because it sounds like he pulled one over on you. [/quote]
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