Anonymous
05/26/2023 16:31
Subject: Are there any downsides to marrying into a rich family?
The true Uber rich will almost always require pre-nups. Any downside really boils down on how they treat you as a family. Most Uber rich/ultra wealthy marry their kind. Hence they send their kids to the right school. It’s more of a lifestyle adjustment since they have certain circle of friends they associate with. It’s more of lifestyle adjustment, and it can be challenging.
Anonymous
05/26/2023 16:19
Subject: Re:Are there any downsides to marrying into a rich family?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:$25M for a family is comfortable but some would not call rich.
We have plenty of money, live a great life with two homes, fly business, etc. and I can't imagine anyone being so out of touch that they don't realize that $25 million is objectively rich. Wow.
I disagree, sort of. Our net worth is about $20MM. We are extremely comfortable and want for nothing but I’m still careful with our money. My cousin is what I call rich. His net worth is low 9 figures. We fly business class, he owns a jet. We have a Mercedes, he has 3 plus a Rolls. See where this is going? There’s comfortable and then there’s rich. And, also, a PP said to expect to sign a prenup. That’s a definite in a rich family. Not so much in a comfortable family.
More like there is “rich” and then “ultra rich”.
My son is getting married in 2 weeks. We're at $30M (from DH's career), we did ask my future DIL to sign a prenup and made clear our expectations. Mainly I want my son and grandkids to be within an hours drive of us and to see them a few times a month. I don't think that is too much to ask in exchange for the financial help that they will need in the DMV to setup their own lives.
Sounds controlling, but she agreed to it.
I would think that a child raised in a $30M NW family would’ve already gotten the education, networking & professional training necessary to “set up their own life in the DMV” by the time they’re engaged to someone.
I'm assuming she's helping them buy the $2.5M McMansions in North Arlington and Mclean. Hard to do that in mid 30s without parental help.
…PP’s kid has probably had loads of parental help up to that point in his life. No student debt and family connections. He should be to buy a house himself.
Anonymous
05/26/2023 16:13
Subject: Re:Are there any downsides to marrying into a rich family?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:$25M for a family is comfortable but some would not call rich.
We have plenty of money, live a great life with two homes, fly business, etc. and I can't imagine anyone being so out of touch that they don't realize that $25 million is objectively rich. Wow.
I disagree, sort of. Our net worth is about $20MM. We are extremely comfortable and want for nothing but I’m still careful with our money. My cousin is what I call rich. His net worth is low 9 figures. We fly business class, he owns a jet. We have a Mercedes, he has 3 plus a Rolls. See where this is going? There’s comfortable and then there’s rich. And, also, a PP said to expect to sign a prenup. That’s a definite in a rich family. Not so much in a comfortable family.
More like there is “rich” and then “ultra rich”.
My son is getting married in 2 weeks. We're at $30M (from DH's career), we did ask my future DIL to sign a prenup and made clear our expectations. Mainly I want my son and grandkids to be within an hours drive of us and to see them a few times a month. I don't think that is too much to ask in exchange for the financial help that they will need in the DMV to setup their own lives.
Not rich but comfortable. Get over yourself.
Anonymous
05/26/2023 16:03
Subject: Re:Are there any downsides to marrying into a rich family?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:$25M for a family is comfortable but some would not call rich.
We have plenty of money, live a great life with two homes, fly business, etc. and I can't imagine anyone being so out of touch that they don't realize that $25 million is objectively rich. Wow.
I disagree, sort of. Our net worth is about $20MM. We are extremely comfortable and want for nothing but I’m still careful with our money. My cousin is what I call rich. His net worth is low 9 figures. We fly business class, he owns a jet. We have a Mercedes, he has 3 plus a Rolls. See where this is going? There’s comfortable and then there’s rich. And, also, a PP said to expect to sign a prenup. That’s a definite in a rich family. Not so much in a comfortable family.
More like there is “rich” and then “ultra rich”.
My son is getting married in 2 weeks. We're at $30M (from DH's career), we did ask my future DIL to sign a prenup and made clear our expectations. Mainly I want my son and grandkids to be within an hours drive of us and to see them a few times a month. I don't think that is too much to ask in exchange for the financial help that they will need in the DMV to setup their own lives.
Ok, but what if they don't want to see you?
Anonymous
05/26/2023 16:02
Subject: Re:Are there any downsides to marrying into a rich family?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:$25M for a family is comfortable but some would not call rich.
We have plenty of money, live a great life with two homes, fly business, etc. and I can't imagine anyone being so out of touch that they don't realize that $25 million is objectively rich. Wow.
I disagree, sort of. Our net worth is about $20MM. We are extremely comfortable and want for nothing but I’m still careful with our money. My cousin is what I call rich. His net worth is low 9 figures. We fly business class, he owns a jet. We have a Mercedes, he has 3 plus a Rolls. See where this is going? There’s comfortable and then there’s rich. And, also, a PP said to expect to sign a prenup. That’s a definite in a rich family. Not so much in a comfortable family.
Ok, but what if they don't want to see you?
More like there is “rich” and then “ultra rich”.
My son is getting married in 2 weeks. We're at $30M (from DH's career), we did ask my future DIL to sign a prenup and made clear our expectations. Mainly I want my son and grandkids to be within an hours drive of us and to see them a few times a month. I don't think that is too much to ask in exchange for the financial help that they will need in the DMV to setup their own lives.
Anonymous
05/26/2023 15:58
Subject: Re:Are there any downsides to marrying into a rich family?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:$25M for a family is comfortable but some would not call rich.
We have plenty of money, live a great life with two homes, fly business, etc. and I can't imagine anyone being so out of touch that they don't realize that $25 million is objectively rich. Wow.
I disagree, sort of. Our net worth is about $20MM. We are extremely comfortable and want for nothing but I’m still careful with our money. My cousin is what I call rich. His net worth is low 9 figures. We fly business class, he owns a jet. We have a Mercedes, he has 3 plus a Rolls. See where this is going? There’s comfortable and then there’s rich. And, also, a PP said to expect to sign a prenup. That’s a definite in a rich family. Not so much in a comfortable family.
More like there is “rich” and then “ultra rich”.
My son is getting married in 2 weeks. We're at $30M (from DH's career), we did ask my future DIL to sign a prenup and made clear our expectations. Mainly I want my son and grandkids to be within an hours drive of us and to see them a few times a month. I don't think that is too much to ask in exchange for the financial help that they will need in the DMV to setup their own lives.
Sounds controlling, but she agreed to it.
I would think that a child raised in a $30M NW family would’ve already gotten the education, networking & professional training necessary to “set up their own life in the DMV” by the time they’re engaged to someone.
I'm assuming she's helping them buy the $2.5M McMansions in North Arlington and Mclean. Hard to do that in mid 30s without parental help.
No it isn’t, if you’re from a $30M NW family and therefore went to the best college & professional grad school paid for in full by your parents.
Anonymous
05/26/2023 15:57
Subject: Re:Are there any downsides to marrying into a rich family?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:$25M for a family is comfortable but some would not call rich.
We have plenty of money, live a great life with two homes, fly business, etc. and I can't imagine anyone being so out of touch that they don't realize that $25 million is objectively rich. Wow.
I disagree, sort of. Our net worth is about $20MM. We are extremely comfortable and want for nothing but I’m still careful with our money. My cousin is what I call rich. His net worth is low 9 figures. We fly business class, he owns a jet. We have a Mercedes, he has 3 plus a Rolls. See where this is going? There’s comfortable and then there’s rich. And, also, a PP said to expect to sign a prenup. That’s a definite in a rich family. Not so much in a comfortable family.
More like there is “rich” and then “ultra rich”.
My son is getting married in 2 weeks. We're at $30M (from DH's career), we did ask my future DIL to sign a prenup and made clear our expectations. Mainly I want my son and grandkids to be within an hours drive of us and to see them a few times a month. I don't think that is too much to ask in exchange for the financial help that they will need in the DMV to setup their own lives.
Sounds controlling, but she agreed to it.
I would think that a child raised in a $30M NW family would’ve already gotten the education, networking & professional training necessary to “set up their own life in the DMV” by the time they’re engaged to someone.
I'm assuming she's helping them buy the $2.5M McMansions in North Arlington and Mclean. Hard to do that in mid 30s without parental help.
Anonymous
05/26/2023 15:52
Subject: Re:Are there any downsides to marrying into a rich family?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:$25M for a family is comfortable but some would not call rich.
We have plenty of money, live a great life with two homes, fly business, etc. and I can't imagine anyone being so out of touch that they don't realize that $25 million is objectively rich. Wow.
I disagree, sort of. Our net worth is about $20MM. We are extremely comfortable and want for nothing but I’m still careful with our money. My cousin is what I call rich. His net worth is low 9 figures. We fly business class, he owns a jet. We have a Mercedes, he has 3 plus a Rolls. See where this is going? There’s comfortable and then there’s rich. And, also, a PP said to expect to sign a prenup. That’s a definite in a rich family. Not so much in a comfortable family.
More like there is “rich” and then “ultra rich”.
My son is getting married in 2 weeks. We're at $30M (from DH's career), we did ask my future DIL to sign a prenup and made clear our expectations. Mainly I want my son and grandkids to be within an hours drive of us and to see them a few times a month. I don't think that is too much to ask in exchange for the financial help that they will need in the DMV to setup their own lives.
Sounds controlling, but she agreed to it.
I would think that a child raised in a $30M NW family would’ve already gotten the education, networking & professional training necessary to “set up their own life in the DMV” by the time they’re engaged to someone.
Seems reasonable compared to some of the stories I've heard about religion and naming children...
Anonymous
05/26/2023 15:49
Subject: Re:Are there any downsides to marrying into a rich family?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:$25M for a family is comfortable but some would not call rich.
We have plenty of money, live a great life with two homes, fly business, etc. and I can't imagine anyone being so out of touch that they don't realize that $25 million is objectively rich. Wow.
I disagree, sort of. Our net worth is about $20MM. We are extremely comfortable and want for nothing but I’m still careful with our money. My cousin is what I call rich. His net worth is low 9 figures. We fly business class, he owns a jet. We have a Mercedes, he has 3 plus a Rolls. See where this is going? There’s comfortable and then there’s rich. And, also, a PP said to expect to sign a prenup. That’s a definite in a rich family. Not so much in a comfortable family.
More like there is “rich” and then “ultra rich”.
My son is getting married in 2 weeks. We're at $30M (from DH's career), we did ask my future DIL to sign a prenup and made clear our expectations. Mainly I want my son and grandkids to be within an hours drive of us and to see them a few times a month. I don't think that is too much to ask in exchange for the financial help that they will need in the DMV to setup their own lives.
Sounds controlling, but she agreed to it.
I would think that a child raised in a $30M NW family would’ve already gotten the education, networking & professional training necessary to “set up their own life in the DMV” by the time they’re engaged to someone.
Anonymous
05/26/2023 15:49
Subject: Re:Are there any downsides to marrying into a rich family?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:$25M for a family is comfortable but some would not call rich.
We have plenty of money, live a great life with two homes, fly business, etc. and I can't imagine anyone being so out of touch that they don't realize that $25 million is objectively rich. Wow.
I disagree, sort of. Our net worth is about $20MM. We are extremely comfortable and want for nothing but I’m still careful with our money. My cousin is what I call rich. His net worth is low 9 figures. We fly business class, he owns a jet. We have a Mercedes, he has 3 plus a Rolls. See where this is going? There’s comfortable and then there’s rich. And, also, a PP said to expect to sign a prenup. That’s a definite in a rich family. Not so much in a comfortable family.
More like there is “rich” and then “ultra rich”.
My son is getting married in 2 weeks. We're at $30M (from DH's career), we did ask my future DIL to sign a prenup and made clear our expectations. Mainly I want my son and grandkids to be within an hours drive of us and to see them a few times a month. I don't think that is too much to ask in exchange for the financial help that they will need in the DMV to setup their own lives.
You’re mandating visits?
Oh God.
Anonymous
05/26/2023 15:44
Subject: Re:Are there any downsides to marrying into a rich family?
Anonymous wrote:Anonymous wrote:Anonymous wrote:$25M for a family is comfortable but some would not call rich.
We have plenty of money, live a great life with two homes, fly business, etc. and I can't imagine anyone being so out of touch that they don't realize that $25 million is objectively rich. Wow.
I disagree, sort of. Our net worth is about $20MM. We are extremely comfortable and want for nothing but I’m still careful with our money. My cousin is what I call rich. His net worth is low 9 figures. We fly business class, he owns a jet. We have a Mercedes, he has 3 plus a Rolls. See where this is going? There’s comfortable and then there’s rich. And, also, a PP said to expect to sign a prenup. That’s a definite in a rich family. Not so much in a comfortable family.
More like there is “rich” and then “ultra rich”.
My son is getting married in 2 weeks. We're at $30M (from DH's career), we did ask my future DIL to sign a prenup and made clear our expectations. Mainly I want my son and grandkids to be within an hours drive of us and to see them a few times a month. I don't think that is too much to ask in exchange for the financial help that they will need in the DMV to setup their own lives.
Anonymous
05/26/2023 15:44
Subject: Re:Are there any downsides to marrying into a rich family?
Find out if you’ll be allowed to work & what kind of childcare the family approves of.
Anonymous
05/26/2023 15:42
Subject: Re:Are there any downsides to marrying into a rich family?
Anonymous wrote:Don’t expect to be able to build joint wealth. The house you live in with your spouse will be owned by the family trust. If you divorce, you may end up being the one paying CS and/or alimony.
+1000
Anonymous
05/26/2023 15:21
Subject: Re:Are there any downsides to marrying into a rich family?
Anonymous wrote:Anonymous wrote:$25M for a family is comfortable but some would not call rich.
We have plenty of money, live a great life with two homes, fly business, etc. and I can't imagine anyone being so out of touch that they don't realize that $25 million is objectively rich. Wow.
I disagree, sort of. Our net worth is about $20MM. We are extremely comfortable and want for nothing but I’m still careful with our money. My cousin is what I call rich. His net worth is low 9 figures. We fly business class, he owns a jet. We have a Mercedes, he has 3 plus a Rolls. See where this is going? There’s comfortable and then there’s rich. And, also, a PP said to expect to sign a prenup. That’s a definite in a rich family. Not so much in a comfortable family.
More like there is “rich” and then “ultra rich”.
Anonymous
05/26/2023 15:21
Subject: Are there any downsides to marrying into a rich family?
It has to be better than my ILs who always have their hands out whenever someone is going through a crisis. Ironically, they thought they were better than my family until FIL was laid off in his 50s and SIL married an abuser. We have given over 6 figures since subsidizing MIL & FIL & SIL. My family has never asked for a cent.