Hulver's site || Comments || When the orthodontist says the insurance specialist knows all the payments plans by heart

I personally think that it's best... by leviramsey (4.00 / 1) #16 Mon Mar 26, 2007 at 02:38:55 PM EST

...for spouses to keep their respective financial affairs as separate as possible.

The same logic can be extended to other affairs as well, but that is neither here nor there.

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Could I be the next Lee Abrams?
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We've never shared a checking account by georgeha (4.00 / 1) #17 Mon Mar 26, 2007 at 02:44:29 PM EST

and I think her FICO score is higher than mine. But should anything happen to me, she has a credit history.

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and I'd say by sasquatchan (4.00 / 1) #18 Mon Mar 26, 2007 at 02:48:37 PM EST

I couldn't disagree strongly enough.

No argument here, because it would devolve into what marriage means and where you and I come from. But if people want to keep things from their spouse, they have no business being married. (yeah, sure, keep your cheerleader-nun sex fantasies to yourself, but to keep your finances to yourself, no, wrong.)

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I'm not jumping on Mr. Ha by dev trash (2.00 / 0) #33 Mon Mar 26, 2007 at 07:20:15 PM EST

But I agree sorta, I mean if he died tomorrow, what a shock it'd be in 3 months time when all the debt and stuff is just there.

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Most of it is unsecured by georgeha (2.00 / 0) #34 Mon Mar 26, 2007 at 07:25:37 PM EST

I wonder if that means they get a claim on my estate?

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: i've wondered the same. by dev trash (2.00 / 0) #39 Mon Mar 26, 2007 at 09:34:17 PM EST

But meh.

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: Yup by Phage (2.00 / 0) #42 Tue Mar 27, 2007 at 07:53:01 AM EST

Unsecured just means that they don't have as high a creditor ranking when the estate is settled. So Mrs Ha would receive less than she otherwise might.

Founder member Golgafrinchan 'B' Ark
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then how by StackyMcRacky (4.00 / 1) #21 Mon Mar 26, 2007 at 03:50:48 PM EST

do you acheive financial goals together?

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Incorporate by leviramsey (2.00 / 0) #26 Mon Mar 26, 2007 at 04:03:30 PM EST

Form an LLC or LP or somesuch.

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Could I be the next Lee Abrams?
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but that's still by StackyMcRacky (4.00 / 1) #27 Mon Mar 26, 2007 at 04:05:30 PM EST

mixing financial affairs.

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: True... by leviramsey (2.00 / 0) #38 Mon Mar 26, 2007 at 08:10:10 PM EST

My original dictum is meant to be a rule of thumb and; it should be broken only with careful consideration. While the incorporation thing may seem extreme, by placing a barrier would tend to ensure some level of careful consideration.

Further, depending on how the incorporated entity is structured, one owner need not bear any liability for the other's actions.

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Could I be the next Lee Abrams?
[ Parent ]