Anonymous wrote:I haven't read all the pages, but it depends on the laws of the state. I am pretty sure in Virginia that anything acquired during the marriage is treated as 50/50 unless there was a separation agreement in place that stated money and assets acquired after separation date were not joint. At least, that's what our lawyers told us.
Anonymous wrote:I didn't decide - I didn't create the trust.
That was also a provision for my trust. Ans we were both homeowners and had significant assets from working it was no big deal for either of us.
I think a pre nup is just one more layer of protection.
If you are happy to have someone who - say- married your daughter then cheated on her and tried to take the money - well, we are different. I'm not interested in "sharing" with someone who is a cheater and who has no legitimate claim to anything that is mine.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:I believe inheritances should be shared. DH and I are a team!! We share,
Spoken like someone who has never inherited anything. My spouse and I are happily marrried, and I share my annual distributions but my trust is protected in the event of dovorce. The idea of him cheating on me then assuming that he has the right to the money that my Mom slaved away to amass and protect makes me sick.
NP here - Don't assume that those who want to share have never inherited anything. I shared my inheritance. I handle all of our finances, and I definitely agree with the sentiment that DH and I are a team and we share.
I think that most married people think they are a team and share. However it's just a fact that a large percentage of marriages fail. No way in hell is anyone who cheated on me taking the money that was entrusted to me.
It's the law. Inheritances which are not commingled are separate property, not marital assets. If you left money for your children, would you want the divorced son or daughter-in-law to get half of everything you worked for? They have their own parents to leave them an inheritance, should they be so fortunate.
Yes, I hope my kids share what I leave them. Their spouse should share too.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:I believe inheritances should be shared. DH and I are a team!! We share,
Spoken like someone who has never inherited anything. My spouse and I are happily marrried, and I share my annual distributions but my trust is protected in the event of dovorce. The idea of him cheating on me then assuming that he has the right to the money that my Mom slaved away to amass and protect makes me sick.
NP here - Don't assume that those who want to share have never inherited anything. I shared my inheritance. I handle all of our finances, and I definitely agree with the sentiment that DH and I are a team and we share.
I think that most married people think they are a team and share. However it's just a fact that a large percentage of marriages fail. No way in hell is anyone who cheated on me taking the money that was entrusted to me.
It's the law. Inheritances which are not commingled are separate property, not marital assets. If you left money for your children, would you want the divorced son or daughter-in-law to get half of everything you worked for? They have their own parents to leave them an inheritance, should they be so fortunate.
Is this directed at me (the person you quoted)?
I know it's the law. We agree with one another. And no- I wouldn't want my kids ex taking half of their trusts. That is why the trusts require a pre nup.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:I believe inheritances should be shared. DH and I are a team!! We share,
Spoken like someone who has never inherited anything. My spouse and I are happily marrried, and I share my annual distributions but my trust is protected in the event of dovorce. The idea of him cheating on me then assuming that he has the right to the money that my Mom slaved away to amass and protect makes me sick.
NP here - Don't assume that those who want to share have never inherited anything. I shared my inheritance. I handle all of our finances, and I definitely agree with the sentiment that DH and I are a team and we share.
I think that most married people think they are a team and share. However it's just a fact that a large percentage of marriages fail. No way in hell is anyone who cheated on me taking the money that was entrusted to me.
It's the law. Inheritances which are not commingled are separate property, not marital assets. If you left money for your children, would you want the divorced son or daughter-in-law to get half of everything you worked for? They have their own parents to leave them an inheritance, should they be so fortunate.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:I believe inheritances should be shared. DH and I are a team!! We share,
Spoken like someone who has never inherited anything. My spouse and I are happily marrried, and I share my annual distributions but my trust is protected in the event of dovorce. The idea of him cheating on me then assuming that he has the right to the money that my Mom slaved away to amass and protect makes me sick.
NP here - Don't assume that those who want to share have never inherited anything. I shared my inheritance. I handle all of our finances, and I definitely agree with the sentiment that DH and I are a team and we share.
I'm sure you would happily fork over half of it if he were to cheat on you and then file for divorce.