We married 11 years ago, a second for both of us, and decided at that time to leave our finances separate. About 4 years ago, D thought that it would be nice to have some financial interests in common thereby giving them something to plan and work together toward and thus good for the marriage.
Since G. didn't have any funds available at the time, D offered to "loan" G his/her share of the investments. G agreed so D researched and found some properties that they decided to purchase.
About a year later, G then had enough funds available to purchase another property and did so. However, no offer was made to D to share in the investment, instead stating that it was a way to shore up his/her own child's future. Not wanting to make waves in the marriage, D said no more.
Then, 3 years later, after having shared 1/2 of the net income (which was a very good return) for 4 years from the initially shared purchase and G paying D interest on the "loan", G found another property to buy for his/her self and child. D questioned the fairness of being left out again and strongly requested G to reconsider his/her stance. A few days after that, G, with child present, offered D not 1/2 but 1/3 of the investment. D said it would be thought over.
When almost time to close on the new property, D explained to G that the ½ offer on the purchases made 4 years ago was given as a way to have common interests, strengthen marriage, etc., thereby putting their marriage first, rather than putting his/her OWN child before the marriage and again asked G to reconsider the fairness of the offer.
A few days later, G kept the 1/3 offer to D standing. D had to accept it; 1/3 was better than nothing.
Question: Which of the following options is the fair and right thing to do?
1) Leave all as is?
2) G agree to give D ½ interest in properties that were purchased for his/her self and child's future, thereby each owning ½ of all properties (with funds being adjusted appropriately )? OR
3) G agree to give D 1/3 interest in properties purchased by G for self and child and accept 1/3 of the interest in properties initially purchased by D & G (with the loan, funds, etc. being adjusted)?
THANK YOU SO MUCH FOR YOUR HELP!
Since G. didn't have any funds available at the time, D offered to "loan" G his/her share of the investments. G agreed so D researched and found some properties that they decided to purchase.
About a year later, G then had enough funds available to purchase another property and did so. However, no offer was made to D to share in the investment, instead stating that it was a way to shore up his/her own child's future. Not wanting to make waves in the marriage, D said no more.
Then, 3 years later, after having shared 1/2 of the net income (which was a very good return) for 4 years from the initially shared purchase and G paying D interest on the "loan", G found another property to buy for his/her self and child. D questioned the fairness of being left out again and strongly requested G to reconsider his/her stance. A few days after that, G, with child present, offered D not 1/2 but 1/3 of the investment. D said it would be thought over.
When almost time to close on the new property, D explained to G that the ½ offer on the purchases made 4 years ago was given as a way to have common interests, strengthen marriage, etc., thereby putting their marriage first, rather than putting his/her OWN child before the marriage and again asked G to reconsider the fairness of the offer.
A few days later, G kept the 1/3 offer to D standing. D had to accept it; 1/3 was better than nothing.
Question: Which of the following options is the fair and right thing to do?
1) Leave all as is?
2) G agree to give D ½ interest in properties that were purchased for his/her self and child's future, thereby each owning ½ of all properties (with funds being adjusted appropriately )? OR
3) G agree to give D 1/3 interest in properties purchased by G for self and child and accept 1/3 of the interest in properties initially purchased by D & G (with the loan, funds, etc. being adjusted)?
THANK YOU SO MUCH FOR YOUR HELP!
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