|Posted: November 26, 2013, 2:07 pm - IP Logged|
I'm the "numbers" person in the family, so I get to determine the smartest way to go about it.
Depending on the amount won, the bills would be first, then we would determine the amount to play with(roughly 5% or $1M, whichever is less) . That amount will be split in half.
From there, the monthly income from investments would be divided 15%/15%/70%. 15% for each of us and 70% for household expenses, cell phones, insurance, taxes etc.
How we each determine to spend our own 15% is up to the account holder & not the other spouse.
Fair, equitable and far away from any lawyers in divorce court.