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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:
JustSomeRamdomGuy · 19/12/2024 13:51

That comment is not aimed at you btw @TheFormidableMrsC, it's just a general comment to explain my "defensiveness".

OP posts:
Manara · 19/12/2024 13:53

JustSomeRamdomGuy · 19/12/2024 13:43

I posted this new thread because I specifically wanted advice/opinions on what are fair/equitable expectations of marriage for older people with wealth disparity.

Lots of people have offered kind and thoughtful advice on that specific topic.

The people speculating on the reason why we went to therapy or were not living together is not helpful at all (they are also all completely wrong). Nor is reading my previous post and calling me an idiot and my ex a gold digging bitch.

Yes, there were discussions under my previous post. They were helpful to me in that context. But this is a different post and it now it would be much more helpful to me if people could limit their advice to the actual question I'm asking in this post.

Mumsnetters are not a jury, they can’t disregard your previous thread. (I haven’t read your previous one btw).

You’ve been warned, so if you now marry her (even with a pre-nup), you are waking into it with your eyes wide open and will have no one to blame when she takes you to the cleaners.

AcrossthePond55 · 19/12/2024 14:10

@JustSomeRamdomGuy

I specifically wanted advice/opinions on what are fair/equitable expectations of marriage for older people with wealth disparity.

My post upthread states emphatically that you should not marry this woman, but I'll answer your question, FWIW and the proviso that I'm in the US.

My late aunt remarried after the death of my uncle to a widower (I'll call him "John"). Both had children, she was 'well provided for' and the man she married was wealthy. I don't know who had 'how much'. Each owned a mortgage free home.

They had a legal and valid prenup (enforceable here) drawn up with separate legal representation. All assets were kept separate and neither was added to the other's deed. Monthly income was held separately also, and each bore the cost of their own house as far as upkeep etc. In the event of death, the deceased's assets were to go to their children (Aunt's to my cousins, 'John's' to his children). They used to divide their time between homes but during their marriage, John sold his home. He kept most of the money but did invest some of it in improvements to Aunt's home. In return he was given a life estate should she pre-decease him.

He died first and per the prenup, his children inherited his entire estate.

Foreigners88 · 19/12/2024 15:08

Are you still seeing each other for coffee and chat dear poster and do you really have pleasant time together or she is still not liking you that much ....how all this works right now because looks very bizarre. How she is going to marry you but dislikes you and when does she actually shows love towards you an in what way. That is baffling ....I see more logic in your ex-partner behaviour than yours.

Blabadder · 19/12/2024 15:09

If I was the person with the money then I would absolutely want to ring fence my finances/savings/house separately - but be more even with money coming into the relationship as a couple.

Foreigners88 · 19/12/2024 15:12

I came with 0 ...that is 0 in my marriage. I would not dare speak about any money nor knew how western women do their financial marriage relations. I loved the man ( still love him ) and all I wanted was to be with him. He is not rich lol and he mentioned pre nups....but we were young enough and I told him: see, we are a fresh start, no marriages and kids before, sorry, if I am going to have a child and you decide to part, all is going to be 50/50.....

but despite him saying this and believing pre nup would be regarded for fresh starters, he did not go further because he wanted to have a life with me and still wants this life. Do you really want to live with that woman but also, does she?

wholettheturnipsburn · 19/12/2024 15:14

Sorry OP bit she IS a gold digger

And to have spent time already in counselling, it's red flag city.

5128gap · 19/12/2024 15:46

Now your assets are off the table she doesn't want you. I'm sorry, that must be upsetting, but its obvious. She is making a poor attempt to flip it as being about you prioritising your money over her, but in reality she is prioritising your money over you.

MildredSauce · 19/12/2024 15:58

So @JustSomeRamdomGuy it feels like you want to kick the goalposts around until you get the answer you want. That's not the cleverest way to look at things.

But, let's see. Advice limited to the facts presented in your opening post: The woman you love has quite clearly called you a frightened, money obsessed, selfish wealth hoarder and has left you because you will not do things her way.

Do you recognise yourself in that description?
Does that make you love her more?

LondonLawyer · 19/12/2024 17:41

Spirallingdownwards · 19/12/2024 07:19

No but there have been significant changes and are often upheld

Yes. "Often upheld" is absolutely not the same as the post I quoted, which talked about "fully legal prenup" and assets definitely being excluded. There continue to be cases where there are clear, definite pre nups AND post-nups saying the same thing and still there is a financial award outside the terms of it.

RedHelenB · 19/12/2024 17:56

JustSomeRamdomGuy · 17/12/2024 20:16

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

She's been a bit silly showing her cards like that. Ahe coykd have nodded along, got married and ended up very wealthy

Babymamaroon · 19/12/2024 18:31

I'd run for the hills if I were you. She's literally told you she wants your money or she'll leave you.

Where's the love and loyalty?

Everlygreen · 19/12/2024 18:46

She's a gold digger. She's leaving you because she can't have your money. Let her keep walking, you will find a decent and deserving woman. Such a greedy woman to be so blatant too!

Foreigners88 · 19/12/2024 19:02

Everlygreen · 19/12/2024 18:46

She's a gold digger. She's leaving you because she can't have your money. Let her keep walking, you will find a decent and deserving woman. Such a greedy woman to be so blatant too!

She does not want that man. He is pestering her.

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