Ladies, what if your husband did this????

Question

Because of the fear of divorce many men have set up things called "Nest Egg accounts." A nest egg account is a bank account men put most of their money into and keep it secret from their wifes. In the event of a divorce, men will then empty this secret account and keep the money hidden so the wife cannot steal half his stuff. What are your thoughts on this??? Do you think this is caused by greedy men or is it a result of so many golddiggers?????

Jd what are you thinking. When you set up a bank account they specifically ask you if you want to have that stuff sent in the mail or through e-mail, or not at all. Don't put yourself into a false sense of security.

Answer 1

I have a different view of this practice. I am older and have been through a divorce. I am now involved with a man my age and we both have children from previous marriages. I think a separate account like this is fine to keep money in case one or the other's children need it for something, or to keep as an inheritance for our own children. It isn't harming either of us if we have separate accounts to be used like this.

Answer 2

Actually its smart, not only for men to do this but for women as well.. unfortunately it doesnt give much promise for the marriage as ur impending doom to set in.. now unfortnately if the spouse.. ever finds out about this money and can prove that it exsisted in any way they can have it brought into court, and it will be considered as marital assets.. Gold diggers have nothing to do with the reason why men or women do this, its because they dont want to be left standing with out a dime to their name.. and unfortunately many men feel that divorce means poverty for the men.... although most usually walk away and forget about their responsibilities leaving the x wife to handle all responsibilities (kids) .. so its smart for each husband and wife to have a seperate savings account and it shouldnt have to be secret, it should be just what is their own.. incase of situation.. if nothing bad happens they have a good nest egg for something else..

The fact that it was a secret account.. is not very good, as no marriage should have secrets.. but u cant blame a person Man or Woman for wanting to protect their future.. and if u didnt know the money exsisted, then its not like u were hurting for the money to begin with... and it makes me wonder if the woman is that blind to not of been able to wonder where the money was going, pay stubs, w2's ect should of shown that he was making more money then what was shown.. i think if a woman is angry its more so because she didnt think of it first to ensure her future rather anything else, because if u never knew about it.. u wouldnt miss the money so to be upset because u found out about it later, makes the person a gold digger, because that amount of money doesnt affect the child support or alimony payments because those are both based on monthly income not what u have in ur accounts, so only someone that is greedy would want money that they didnt know exsisted for their "OWN" benefit..

Answer 3

I've heard all sides of this, 'prenupts are just plans for your divorce', 'seperate checking accounts mean you love your money more than your mate', etc., etc. Here's the deal...almost 60% of ALL marriages end in divorce. In 97% of those, the men get screwed, blued and tattooed. That's just a fact. Everyone thinks you are being responsible when you buy life insurance, even when the odds are that you will never use it. Why, then, are prenupts and nest eggs so different? When children and 401K's are involved I'll stack the odds in MY favor, thank you. If a woman can't handle that -- then she can step.

Answer 4

I think it would be upsetting to find out if my husband had one, and I think he would be as well. Some people though, cannot hide thier insecurities and always need to have a back-up plan incase things go wrong. I think if you have a rocky marriage and you suspect things are turning for the worst, its best on both parts to make sure thier are funds available. If you think on all the vows your take on that special day, hiding things from one another is a bad idea. If either person does do it behind the others back, that means theres a huge amount of distrust and they shouldnt have married in the first place. So my amswer is neither greedy men or goldiggers, I think its more of a trust issue. If you dont have trust, your marrige is already doomed and your going to need money either way, since it isnt cheap to get a divorce.

Answer 5

I personally don't blame any man for being careful were his money is concern. The way things are in a relationship people do change once you are married to them and at times you see a side to them you have never seen before. Some men and women don't go the extra mile like when you were courting them or living together for their partner.

It is wise to have things like that in place like the " Nest Egg Account regardless of what any one say, as well as a Dog house or some were else to live. In case your woman is nagging you or turning out to be a real miserable person.

Answer 6

When you open ANY bank account here in the U.S. you have to give your Social Security number. In the event of a divorce both spouses should have their lawyers so a "discovery" to find out if all of the assets are accounted for. In this discovery any "hidden" assets will be found and accounted for and if in community property state will be spilt equitably. If either spouse choses NOT to have the "discovery" done then they get just what is put forth by the other spouse as assets.

Answer 7

You think women don't do the same thing? I don't know of anyone who simply has a joint checking or savings account anymore. Most folks plan ahead for a rainy day- even if they are in a happy and committed relationship... just so long as the amount you put aside does not cast your family into abject poverty... I think most people have a little somethin' tucked away.

Answer 8

I think it's a great idea, if both husband and wife have "Nest Egg Accounts." In this day and age you can never be sure what is going to happen in life.

Answer 9

I don't feel that a Nest Egg is necessary and if your married to him you should have access to it for what is his is yours also. I don;t like these types of things being married is important and your husband should not hide anything regardless of what it is. It can be both greedy men and gold diggers. But most likely it's greedy men.

Answer 10

I would be angry. He should be able to be honest. If a man is that worried about divorce, then he should discuss the possiblity of a prenuptual agreement before marriage. However, I think it is the result of so many golddiggers. And a high divorce rate.