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To: Texan5

You are afraid she will spend all of your money. You said so yourself.


120 posted on 02/05/2020 4:19:54 PM PST by Snook79 ( A small)
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To: Snook79

I’m the “she”/female-and not handing all finances to a partner who may be careless or unused to managing finances-or perhaps even gullible-isn’t my idea of being afraid they will spend all of OUR money (we were both employed)-it is making sure there is not a conflict caused because that partner got US hopelessly in debt, sued, etc-if both have a separate account, at least the damage is fixable-WE can hire a lawyer with money from the frugal partners’ account...

Texas is a community property state-you own 50% of your partner’s debts incurred after the marriage as well as the assets acquired-divorces have been caused by much smaller things than financial ruin...


121 posted on 02/05/2020 5:14:38 PM PST by Texan5 ("You've got to saddle up your boys-you've got to draw a hard line"...)
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