Quote from amex4:
you are totally missing the point. that is not what i am trying to do. i increased her account by $450K. i am legally entitled to half of that. however i do NOT wish to take it. based on the disparity of our incomes, my actual child support would not nearly be as much over time to the present value lump sum of the $450K.
i was just looking for folks who have had a possible similar experience in a scenario where they were managing their spouse's account, made them some equity over time, and a worst case scenario happened. what kind of considerations occurred...
1) Stop trading her account.
2) Start trading your own account just in case the worst happens (divorce).
3) If she wants you to continue trading her account...have her pay you a salary or fees pay to you.
4) Start saving your money in a separate account just in case the worst case scenario happens. Setup online statements only (no mailing of statements).
5) Persuade her to put the 450k (a bulk of it) from her trading account that you've been managing...put the profits into the child's college education fund or preferably a trust fund just in case the worst happens and then later a new guy comes into her life...wanting access to money.