Quote:
Originally posted by aephi alum
Having an S.O. who was not my husband supporting me financially would make me very, very uncomfortable. I wouldn't want to feel that I owed him anything, especially if we broke up. Even having an S.O. who is my husband supporting me 100% would make me uncomfortable - for a different reason - I would want to be self-sufficient with my own income should the need arise (e.g. his death or our divorce).
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It's very dangerous to throw all your money into a joint account, because if one partner dies, the account is locked. This happened to someone I know. His wife died. A few days later he went to the bank to withdraw some money from their joint (and only) bank account. The teller conversationally remarked, "I haven't seen your wife in a while" to which he replied, "She passed away a few days ago." BAM! Suddenly he couldn't touch a dime of his own money until her will went through probate (I think... it was a good long time, in any case) even though she didn't actually earn any of it herself.
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really, we didnt have any problem when my dad died in March. We were able to close out all accnt with out going thru any hoops. The only one we are having trouble with is the cell phone. No one is willing to work with us. But every one is did, the bank, SSA, his car, his insurance....