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AIBU?

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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:
StormingNorman · 17/12/2024 20:35

Marriage only benefits the financially weaker party. Your “D”P knows this and it is the reason why she has changed her mind about getting married. I wouldn’t marry in your shoes.

LadyTiredWinterBottom2 · 17/12/2024 20:35

Money aside, this is unacceptable behaviour. Anyone who says 'of you don't do this it's over' is a red flag.

LetGoLetThem1234 · 17/12/2024 20:34

What's changed with your partner to cause such a change of mind? That's what I would want to find out. But I imagine she'd not going to be open and honest with you.

It would be relationship over for me.

TheFormidableMrsC · 17/12/2024 20:31

FarmerLlama · 17/12/2024 20:29

I wouldn't get married, what is her rationale for wanting to do so? Does she want a ring? Fine buy a ring, does she want a party? Fine have a party. I'm afraid marriage gives you nothing.

No she wants half of OP's wealth.

marshmallowbum · 17/12/2024 20:31

You may have dodged a bullet as others have said.

It's sad she's not happy with what you are willing to offer. It's more than fair.

Justsayit123 · 17/12/2024 20:31

Unless you want to risk giving 50% away then tell her to do one.

TheFormidableMrsC · 17/12/2024 20:31

@JustSomeRamdomGuy You do realise, as I said on your last thread, that she will marry you, bide her time, divorce you and take 50/50. How can you be this blind? She's feathering her own nest. Don't be stupid.

aCatCalledFawkes · 17/12/2024 20:31

Is she saying things like "we're not going to break up so it doesn't matter.

I do totally get your points though. I have nowhere near as much wealth as you but I have my own house, a decent pension, I'm starting to invest in S&S and have a stable career. My partner doesn't have this and I can't see us living together until I can see he's put more financial planning in.

Purplecatshopaholic · 17/12/2024 20:30

Ooft. Do NOT marry this woman. I’m really sorry but she has ££ signs in her eyes. What you suggested was fine, but she wants more? Nope. It is not you yourself she loves op.

JustSomeRamdomGuy · 17/12/2024 20:29

HisNibs · 17/12/2024 20:26

DP actually thinks they should be entitled to more than what would normally be included in a standard marriage/divorce

And there's your answer...

I'm pretty sure she's not actually aware of that though. She probably just thinks it works that way (or at least should work that way).

OP posts:
FarmerLlama · 17/12/2024 20:29

I wouldn't get married, what is her rationale for wanting to do so? Does she want a ring? Fine buy a ring, does she want a party? Fine have a party. I'm afraid marriage gives you nothing.

TheFormidableMrsC · 17/12/2024 20:27

@JustSomeRamdomGuy You posted the exact same thread some weeks ago and got a ton of very good advice from very many people. What different advice are you expecting from this thread?

Mine is the same. The relationship is shit and the only loser here will be you. Marrying this woman will be the biggest mistake of your life.

standardduck · 17/12/2024 20:27

YANBU.

I think you dodged the bullet.

HisNibs · 17/12/2024 20:26

DP actually thinks they should be entitled to more than what would normally be included in a standard marriage/divorce

And there's your answer...

Calmhappyandhealthy · 17/12/2024 20:24

Woah! Do NOT marry this woman

She doesn't love you imo. She loves your money

Make sure you change your will so no money is left to her or her child

I'm shocked at how horribly grabby she is

JustSomeRamdomGuy · 17/12/2024 20:22

Agix · 17/12/2024 20:11

Do people even have to share premarital assets upon divorce? I thought that wasnt a thing that happened anyway.

My understanding is, not automatically, but it can be at the discretion of the judge if they think circumstances demand it. Seems to be a grey area as far as I can tell.

But this is one of the really troubling aspects to me. DP actually thinks they should be entitled to more than what would normally be included in a standard marriage/divorce.

OP posts:
MrsMitford3 · 17/12/2024 20:21

BitOutOfPractice · 17/12/2024 20:16

She thinks I'm "more sacred of losing my money than of losing her"

And I think she loves your money more than she loves you.

Me too!!

Octavia64 · 17/12/2024 20:19

Yeah I wouldn't be entertaining this for a minute.

(Woman).

Due to various factors I have wound up in later life with a fairly large lump sum. I will not be getting married again in any circumstances.

Keepingthingsinteresting · 17/12/2024 20:19

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. I wonder if she is panicking or knows something she hasn’t shared about her earning power.

To be honest @JustSomeRamdomGuy hard as it is I think this is the right thing as she is being wildly unreasonable and trying to force you with an ultimatum.

FOJN · 17/12/2024 20:18

I think your offer is more than fair but it must be hurtful for her to be so adamant on her having access to all the assets you've accumulated so far in life. I'd be interested in finding out why she has changed her mind.

Sorry OP but I don't think this relationship has a future. You would be very foolish to give in to her demands.

WorkCleanRepeat · 17/12/2024 20:17

There is not a chance I would marry her. We have far less money than you and I advised my husband to protect his premarital assets before we got married.

BitOutOfPractice · 17/12/2024 20:16

She thinks I'm "more sacred of losing my money than of losing her"

And I think she loves your money more than she loves you.

JustSomeRamdomGuy · 17/12/2024 20:16

dancingcrabbs · 17/12/2024 20:07

Who would you leave your money to if you spilt ?

does sound like she is trying it on.

why not have a chat with a solicitor to see what you can do to ring fence your money. If you did then how would she know ?

Do you mean in my will? Don't have any DCs of my own, so would leave most of it to DPs DC.

OP posts:
HornyHornersPinkyWinky · 17/12/2024 20:16

Hold firm - even if you do consent to marry, you will be wondering if it's just to gain access to your wealth. She's the one that has changed the goal posts.

She may not have realised how much you have at first, and is now looking at securing her and her childs future, but if I were you I would refuse.

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

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