Dear Quentin, I have been married for 35 years. My wife is going to inherit $ 800,000 and she told me that she will use $ 300,000 to pay our mortgage. The house is worth $ 450,000. But you will put the remaining $ 500,000 into your own personal checking account.
“Imagine if the tables were turned and you put $ 300,000 of your inheritance in this house, and then your wife turned around and said, ‘Thank you for paying a portion of our mortgage, but I feel like this is a good time for a divorce. ”
Given the disparity in your income, I can understand why you feel that way. But that doesn’t account for being a stay-at-home mom, which is a full-time job in itself. That, plus her $ 20,000 a year job, suggests to me that she more than contributed her fair share of time and work to the marriage. Also, even though you were paid less than you, let’s say you worked as hard as anyone during those 13 years. Bottom line: they both worked. Your question regarding alimony will likely depend on where you live, your individual circumstances, the judge, and the size of the estate. Previous cases have shown that the income generated by an inheritance can be a factor in determining alimony, although the inheritance is generally considered separate property. You were the main breadwinner in the family and based on previous inheritance cases, you are unlikely to be a major factor in alimony. Think of it this way: She just contributed $ 300,000 to your life together when she could have kept all that money and divorced you. Imagine if you turned the tables and put $ 300,000 of your inheritance in this house, and then your wife turned around and said, “Thank you for paying a portion of our mortgage, but I feel like this is a good time to get divorced.” . “If you are feeling upset now then you would be absolutely furious. The Moneyist: My fiancee’s mother asked us to raise her 2 children as we live in a good school district and she has a gambling addiction, then she claimed her checks on encouragement. Take a look at Moneyist’s private Facebook FB group, -1.31%, where we seek answers to life’s thorniest money problems. Readers write to me with all kinds of dilemmas. Post your questions, tell me about what want to know more or comment on the latest Moneyist columns.