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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

Marriage for older couple with large wealth disparity

214 replies

JustSomeRamdomGuy · 17/12/2024 19:58

Me and DP have been together for 3½ years. We do not have children together but DP has one child from a previous relationship. I love them both very much.

At the start of the relationship we discussed marriage, and we both agreed it wasn't something we'd ever want, despite being fully committed to each other and considering each other as life partners (neither of use are religious and we're both kind of non-conformist and were not motivated by the tradition).

Recently DP changed her mind on this and has now become adamant that she wants to get married and have completely joint finances, and she will leave me otherwise.

This puts me in quite an uncomfortable situation because of our respective financial situations.

I have had a lucrative but very high stress career. I'm not a particularly money motivated person and have lived frugally all my life. I'm now in a position where I am planning to retire within the next 5-10 years. I have a NW of roughly £1.5M. DP has a good job and earns quite well (very proud of her) but she only has savings of around 70K. And I do out-earn her currently by around 4X.

I've agreed to the marriage on the condition that premarital assets should be off the table if we ever ended up divorcing (of course you don't plan for it, but you never know).

I have no issue with joint finance and sharing all income going forward. That would mean me contributing 3-4X what she would, and that would be "our" money forever no matter what happens (split 50/50 if we separated). All income, pension, inheritance, or whatever else, shared completely from the point of marriage.

For "my" (i.e. the premarital) money, I consider it to be "ours" for as long as we are together. Anything she needs, or her DC needs, she'll have it. If we need a bigger house, I'll pay for it. My only condition is that if she ever leaves me, she doesn't get to take half of it with her. Only in that sense, it's still "mine".

I consider this a pretty good deal for DP. If we stay together as planned, she'd be able to retire in her 50s and we could travel the world together. Even in the unfortunate scenario that we were to split up after a few years, she'd still have done very well out of it financially and be in a good position to do whatever she'd want to do next in life.

But this is not satisfactory for DP. She insists that true commitment means "sharing everything" and that all premarital assets need to be split 50/50 in divorce.

My issue with this is that the "financial commitment" that she sees as being so important, is almost exclusively coming from me. There's no commitment from her because there's no risk for her. She'd end up rich (relative to where she is now) whatever happened. I'd be in a position where I'd lose so much by leaving, but she would lose nothing by leaving.

This doesn't seem fair, or balanced, or equitable, to me. Even disregarding my obvious self interests, it just seems to to be a really bad foundation for a relationship, because of the inevitable power imbalance it would cause.

I think DP should also be considering my needs and security, and be open to an arrangement which benefits us both as a couple and as individuals, without exposing me (and only me) to such risk. If roles were reversed, I'd want to protect my partner so that they could feel completely secure in the relationship.

So my answer is "no", and now she's leaving me.

She thinks I'm "more sacred of losing my money than of losing her". She thinks I'm being overly analytical and "treating it like a business deal". She says I shouldn't even be thinking about it as losing "my" money, because it's all "our" money anyway. She says she'd rather be alone for the rest of her life than be with someone who won't share everything with her.

So, AIBU?

OP posts:
Foreigners88 · 19/12/2024 12:36

People who havent read his other thread cannot see how much the womab loathes him and he keeps pestering her, flogging his dead horse. She has had enough of him and either he goes away in peace or they get married and she fleeces him off , leaving him because she cannot stand him. How this is still not clear

summerinsiam · 19/12/2024 12:31

JustSomeRamdomGuy · 18/12/2024 16:45

I'm very grateful to everyone that has taken the time to share advice here.

Having said that, there are definitely some overactive imaginations here. No, she's not going to murder me and take the money. No, she hasn't got a secret lover that's putting her up to it. No, she's not a gold digger who's been planning the whole thing for the last 3 years. She doesn't even know how much money I have.

We clearly have different values, and the situation very sadly looks irretrievable at this point. But underneath, we are both good people who have shared many many happy times together, and I wish her nothing but the best for the future.

I'd ask people to please be kind in your comments and avoid name calling and conjecture. It's actually quite upsetting to read.

Steady on, love. You're the one who has posted two threads about her unreasonable demands - all coincidentally centred around money. Called her "borderline abusive" and stated: "And the current conversation is uncomfortably close to sounding like "I'm leaving you unless you give me lots of money".

You must have lived a very sheltered life if you think posters calling this woman out for being a gold digger (which is pretty much what you have described, any way) is "name calling and conjecture".

You must have never read a newspaper, either, or you'd be aware of any number of women bumping off men to get their hands on their money. It really isn't far-fetched at all.

She doesn't sound like a nice, warm, decent, or good person at all. But again, we only have your word on all of this, and you have painted her as unreasonable, manipulative, demanding, and borderline abusive. And indeed, you have painted her as an absolute gold digger, and said that while you don't think she is a gold digger she is acting like one. So...

TwistedWonder · 19/12/2024 09:47

OP I don’t understand why you’re putting so much time and effort onto a relationship that doesn’t work. This isn’t a 20+ year marriage you’re fighting to save. Needing couples counselling for a pretty short term relationship where you don’t live together really is flogging a dead horse imo

deeahgwitch · 19/12/2024 09:29

You spent most of the last year in couples counselling, @JustSomeRamdomGuy !!!
You're in a 3 and a half year relationship but spent most of the past year in couple counselling Shock and don't live together.
That really doesn't bode well for the future.

deeahgwitch · 19/12/2024 09:24

AlertCat · 17/12/2024 20:07

It seems odd that she’s not only changed her mind about something which used to be fundamental for you both, but is also going about it in a really aggressive way. Refusing to compromise is odd. I’d be looking for a motive I think. Does her dc need money? Has she misled you about her wealth and income, or lost some? Where is this sudden need to share everything coming from?

This 💯

Grannyinnwaiting · 19/12/2024 09:14

I don't think you should get married just yet- unless you have health issues and need to protect your money from IHT by leaving it to your wife.

DH and I have a large wealth disparity. We were together for
10 years before I inherited significant assets and cash. We were used to maintaining seperate finances though l paid for more as the higher earner. This enabled DP to invest and save effectively and we both retired early. We married 3 1/2 years ago by which time we had huge trust. Since then we've built on that trust and I pay for increasingly more - i bought an additional country home in both names and am paying for the renovations. I also pay for our holidays, trips for his parents , cars etc - but it took us both 16 years to feel comfortable with that. Accounts are all still in my name - we share one currrnt account and DH still contributes to bills.

rewilded · 19/12/2024 08:23

I wouldn't marry her. It is a sad situation. All the best OP.

BIossomtoes · 19/12/2024 08:18

LameBorzoi · 19/12/2024 08:14

I think this relationship is well and truly over.

If she were planning on staying married to you, she should be quite happy with your plan.

She’s told him in as many words that it’s over. She doesn’t want to marry him, she doesn’t want to live with or be anywhere near him yet he’s clinging on like shit on a blanket. Even though he’s been told unanimously over two threads to run for the hills, still he persists. This man is an idiot.

LameBorzoi · 19/12/2024 08:14

I think this relationship is well and truly over.

If she were planning on staying married to you, she should be quite happy with your plan.

jeaux90 · 19/12/2024 08:07

Don't marry OP. I'm early 50s high earner, assets and a lone parent.

My partner and I don't live together, he has assets etc

We have no plans to get married, I mean why ? Why do you need to?

In fact if you continue to invest it will
make no tax sense in terms of living together and let's say you want to then sell a property for example.

Don't do it.

Roselilly36 · 19/12/2024 07:47

I think the plan sounds a sensible one, her reaction to it speaks volumes. Tread carefully.

MoonWoman69 · 19/12/2024 07:33

If I'm honest, I'd run a mile. I can understand her wanting to make sure her future is solid, but it sounds like she's very invested in getting more than her fair share out of this marriage.
Your plan sounds sensible to me. You've clearly thought it out and it's more than reasonable in my opinion.
Do you really want to end up in a marriage where she rinses you dry and then moves on, potentially leaving you with nothing?
I would seriously think long and hard about this before committing.
Good luck with whatever you decide to do x

Spirallingdownwards · 19/12/2024 07:20

ATuinTheGreat · 18/12/2024 18:08

Why on earth have you got a £800k life insurance policy when you are not married, don’t live with a partner and don’t have any kids?

Did she encourage you to get that huge policy for her as well or did you have it before?

Edited

They are often provided by your employer and based on what you earn. My husband has similar.

Spirallingdownwards · 19/12/2024 07:19

LondonLawyer · 19/12/2024 07:03

If you are in England & Wales, there's no such thing as a "fully legal prenup". It's a factor to be taken into account, but a court can over-rule it.

No but there have been significant changes and are often upheld

Spirallingdownwards · 19/12/2024 07:18

JHound · 17/12/2024 20:09

Sounds like you have a golddigger on your hands.

Not sure you can make a promise that pre-marital assets are kept out of any divorce proceedings. I mean you can promise but if she decides not to keep to that I don’t think a court will uphold it.

Actually the laws surrounding prenuptial agreements have changed considerably and will often be upheld these day in the UK

Zanatdy · 19/12/2024 07:13

If you’ve spent most of your 3.5yrs in couple counselling then you definitely shouldn’t be considering marriage. Let her go, I bet she will be back, but send her packing.

Manara · 19/12/2024 07:07

LondonLawyer · 19/12/2024 07:03

If you are in England & Wales, there's no such thing as a "fully legal prenup". It's a factor to be taken into account, but a court can over-rule it.

I agree with this.

I woundn’t risk my assets in this marriage, even with a pre-nup.

If the spouse gives up their job and lives off the working spouse, the judge is going to take their lack of earnings and savings into account.

It would be difficult to argue the spouse voluntarily gave up their job because in theory it could be coercion to stay at home.

LondonLawyer · 19/12/2024 07:03

Ihatelittlefriendsusan · 17/12/2024 20:15

Completely different figures but I have savings around the 40k mark and i own my own house although mortgaged. Dh had nothing.

We have a fully legal prenup that ring fences the money I had walking into our relationship, my house, car etc. He cannot touch any if it should we split up.

Any joint savings accumulated during our relationship/marriage are fair game to be divided up.

I think your DP is being very unfair

If you are in England & Wales, there's no such thing as a "fully legal prenup". It's a factor to be taken into account, but a court can over-rule it.

Manara · 19/12/2024 06:45

She is a gold digger. When If you get divorced, she will take you to the cleaners.

Proceed at your peril.

Pinkpurpletulips · 19/12/2024 06:31

I would not ever give up my financial security and the ability to retire "young" to somebody who I've known 3.5 years who I've never lived with and where we needed couples counselling two years in. Just think, if you divorce, her expectation is that she will take half of everything you've spent your lifetime acquiring. Your financial security, half your house, half your superannuation etc will be going to her.

I've been happily married for decades but my investments are legally my own separate property.

Dweetfidilove · 19/12/2024 01:31

Foreigners88 · 18/12/2024 14:13

Dear poster, I just read the other thread. LOL. The woman has been telling you she doesn't like you and wants to move on, but you have been telling her to keep trying. Since she does not find anything amazing in you and you have been forcing her to try and keep trying ( despite her clear rejection of you), she decided at least to get something out of you which she likes - the money. You should put the other thread content on here since it is makes it extremely clear.

The lady finds you extremely irritating , not sure why. This is my feeling and sorry for you.

Good Lord 😳

saraclara · 18/12/2024 18:30

Please read @LetGoLetThem1234 's post again and again @JustSomeRamdomGuy . She's put it calmly and logically, and not unkindly.

This is a very strange ultimatum that has come out of nowhere, and I think you need to realise that it means that you and she do indeed have different values.

Relationships are rarely straightforward. Someone can make you happy in many ways, but the few ways that they don't (or might not) can be much more significant. And in this situation I think that's the case.

ATuinTheGreat · 18/12/2024 18:08

JustSomeRamdomGuy · 17/12/2024 22:25

I don't think this is very accurate.

DP has a good job and career. She can afford whatever holidays she wants, and she does go on holidays without me sometimes (that's fine with me). I live a simple and frugal life and haven't even been abroad in over 5 years. When we do go on holiday together, it's mostly where and when she wants (to fit in with DC). None of this is a problem.

I said I would leave my money to her DC if we split up. If we are together then of course she'll be getting everything. Plus my life insurance which is an additional £800K.

I am not compromising her financial security in any way whatsoever. Entirely the opposite in fact. I've encouraged her to save everything she can (into her own pension and ISAs) because I can easily cover the bills and day to day living expenses. I've encouraged her to build her own wealth, with my help, because it benefits both us as a couple and her individually. That's what working as a team looks like to me.

Why on earth have you got a £800k life insurance policy when you are not married, don’t live with a partner and don’t have any kids?

Did she encourage you to get that huge policy for her as well or did you have it before?

Foreigners88 · 18/12/2024 17:46

I see dear Poster, that she is just a normal woman and she wants a normal marriage not partial marriage. But since she dislikes you , why pestering her - you are waving your wills at each other and she even does not want to live with you but want a marriage .....how is this realistic

burntheleaves · 18/12/2024 17:44

When someone tries to manipulate you by saying 'you obviously care more about the money then you do me' whilst saying they will leave if you don't marry them and share all your assets, it is. Lear that they are both disingenuous and manipulative.

The person showing the greatest focus on the money is her

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