Would you or do you share bank accounts with your spouse?

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tourist

Senior Member
Mar 13, 2014
42,571
17,039
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Tennessee
#41
Considering She, or he may one day have to decide weather or not to pull the plug on your life support machine? And if you expire and they can't get to the money who's gonna pay for your funeral?
I had to make that type of decision that you described.
 
J

Jennie-Mae

Guest
#42
When I'm using CC my phone (which is almost neveer), the thumbs-up symbol is the only one available. On my desktop or laptop there's a bunch of others to choose from.
You n’ me, Zero, the best buncha brains at CC😂
 
T

toinena

Guest
#43
All bank accounts are in both names as we trust each other explicitly.
Tourist. Not all of us are or were blessed with the same kind of marriage as you have.

It is the ideal. And if the right person comes along and I earn the most money, I would be totally fine with having a joint account. But... then I have the power, right? Because I can always say it is my money. Power balance is crucial in a marriage not based on what you two have: TRUST.

To trust in a partner like that takes a lot of guts. Bless you for having such a marriage. It sounds like an utopia. But I see that is really the marriage and relation to aim for.
 
Aug 2, 2009
24,644
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#44
*Seoulsearch makes a cameo guest appearance...*

I guess I couldn't leave poor Tommy starving and holding his breath for too much longer. :whistle:

Anyway...

I was raised in "a good Christian family"--no divorce--except mine, so I was raised with people always talking about how divorce happens because people give up at the drop of a hat, no one works hard enough at keeping a marriage together, and people who don't share accounts shouldn't get married because it's obvious they have no trust in each other.

I believed all of it.

And then my own divorce hit, as well as several other life situations I never anticipated...

* My ex-husband's way of coping with almost any sort of problem was to buy something--except that he never told me that. The day after we got married I went to clean his car out and found receipts for debts he never told me he had. And even when we got them paid down, he would simply open up more credit cards and buy more (often small but pricey items that he could easily hide, such as the many gaming cards that he collected.)

I'm not sure how it all went down because he never told me anything except to go to the courthouse, fill out the papers, and have a lovely packet of documents entitled, "You Are Being Sued For Divorce" sent to me. But thankfully, somehow, and I'm guessing only by the grace of God, no one has come after me or tried to make me pay his many debts. However, I've heard of several people whose spouses also left them for someone else, and then they wound up paying all their loans and credit card bills (as well as having their credit wrecked) because they had joint accounts.

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* A beloved pastor and his wife from my congregation had been very faithful stewards of everything God had given them, and at the end of their lives, they talked with all of their family about how their things should be divided. Each member of the family, down to the youngest great-grandchild, was to receive something, whether a monetary gift or a sentimental trinket they had picked out with from the house. This couple was highly organized and had a detailed list of what everyone had asked for, and what they were to receive.

When the time came for the remaining member of this couple to be called home, one of their children came to them and said, "Hey Dad, I need you to sign this paper for the insurance company," and so, without any second thoughts, Pastor C signed this without hesitation.

What this paper actually did was hand everything over to this particular person, who then had the house locked down so that no one could come and even pick up an item from the house that they had been promised, even if it had no monetary value. This person then took everything Pastor C and his wife had worked so hard for over their lives for their own self and shut out every other member of the family.

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* A few years after a man who had lost his wife of 55 years, he found a female companion... who started asking him for money. Within a few years, she had depleted him of most of his and his deceased wife's life savings, leaving little to nothing for when his health suffered several setbacks, and would require at least $70,000 worth of care each year for which he had no insurance.

If the woman had not spent all his money, it could have been set up to earn interest and pay for at least a portion of those costs. But now, the costs will fall on his children, who have children and grandchildren of their own to pay for as well.

This woman also believes she will get anything of value that is left if this man is called home, and has been talking to him about marrying him in order to ensure that.
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No one anticipates these things to happen.

But, unfortunately, they do.

And now that I am older, chances are, if I get married again, it will be into a blended family with many different branches going in all directions. I don't have much, but what I do have, I would like to make sure, if at all possible, that it will be directed in the way that I wish.

I will ask for separate bank accounts and one joint account for paying bills. I will ask for a prenup. He can keep whatever he has--I'm not after anyone's money. My parents insisted I start looking for jobs starting at 11 (babysitting) and so all I've ever known to do was to work. I didn't have many relationships but in all of them, I wound up supporting the other person, and sometimes his family as well.

But if I have something I want to give to my nephew when I die, even if all I have to give is a beat-up old car, so I will hopefully be able to put legal documentation into place to make sure that he gets is.

I will have it set up so that if my health fails, if I do have anything, it will go to the cost of my care so that I won't burden the other members of my family.

And, if the time comes that I know I am falling down the rabbit hole and am closer to being called home, if at all possible, I will have my own attorney to check over any documents that anyone asks me to sign.
Hello Seoul! :D

In that second example, do u know if there was no will? Was the signed paper contested in court? If the person signed it under duress it would have been found to be invalid....and pretending it was for insurance purposes means trickery and that would be considered fraud ( I think). I'm just curious if u have any more info.
 
L

LaVieEnRose

Guest
#47
The old saying goes like this “His money is my money, and my money is my money. But my money is not his money.”
 

seoulsearch

OutWrite Trouble
May 23, 2009
16,432
5,379
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#48
Hello Seoul! :D

In that second example, do u know if there was no will? Was the signed paper contested in court? If the person signed it under duress it would have been found to be invalid....and pretending it was for insurance purposes means trickery and that would be considered fraud ( I think). I'm just curious if u have any more info.
Hi Zero :),

The couple in the story was very smart, organized, and detailed, so I do believe they had a will (I'm not sure though.)

Whatever papers their child got the remaining parent to sign on their deathbed also made any other previous legal paperwork null and void, with these new papers being the only ones that were legally adhered to.

I have no idea how this person was able to draw them up and have it carried out, but they succeeded in doing so.

I also realize that they could repent in the future and make it into heaven just as much as their parents did (or at least, I assume their parents are now in heaven.)

But I also hope and pray that God deals with them justly, as they seemed to have no qualms about purposely cheating the rest of the family, against their parent's wishes.
 

garet82

Senior Member
Jan 20, 2011
679
85
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#50
It depends on how much I trust her with money. If she has an itchy trigger finger, I have to make sure she doesn't use up all our ammo. ;)
Then you need to trust me for that :LOL: you can count on me :cool: happy smile happy smile lol
 

mailmandan

Senior Member
Apr 7, 2014
25,471
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#53
not true. I am on my phone. And I just gave you an agree. You simply hold your thumb a bit longer on the thumb, and you get all the reactions you need.
Yes and hold it lightly.
 

Lynx

Folksy yet erudite
Aug 13, 2014
27,245
9,303
113
#54
You know, people joke about women spending too much, going shopping and stuff, but check out some data if you have a chance on Google. Men be running up revolving debt like crazy.
Not this man. Debt makes me nervous. I don't have much, but I don't owe anything.

I might occasionally be in debt if I have to get a new (used, new-to-me) car but I get the shortest loan time I can reasonably pay off. And I'm really glad when I make that last payment. I don't like knowing I owe somebody else money. What if I get sick and can't work for a bit? What if I don't have enough money to make a payment?
 
Jun 23, 2018
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#57
The answer is in Genesis 3:16; 1 Corinthians 11:3-11;14:34,35; Ephesians 5:22-24; 1 Timothy 2:9-15; Titus 2:3-5; 1 Peter 3:1-6.
Remember, Satan never go at man, but go only at woman.
 
L

LaVieEnRose

Guest
#58
The answer is in Genesis 3:16; 1 Corinthians 11:3-11;14:34,35; Ephesians 5:22-24; 1 Timothy 2:9-15; Titus 2:3-5; 1 Peter 3:1-6.
Remember, Satan never go at man, but go only at woman.
So, Satan NEVER tempts men into spending too much money?
 

Mel85

Daughter of the True King
Mar 28, 2018
10,910
6,897
113
#60
The answer is in Genesis 3:16; 1 Corinthians 11:3-11;14:34,35; Ephesians 5:22-24; 1 Timothy 2:9-15; Titus 2:3-5; 1 Peter 3:1-6.
Remember, Satan never go at man, but go only at woman.
Ironic that in Genesis, the serpent (satan) tempted Eve first though?