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Author: bjrret Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 19483  
Subject: To marry or not? Date: 2/8/2000 8:13 AM
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I am currently living with a man whom I've known for 14 years. He retired 6 years ago and I followed last year. I have money of my own ($300,000) but no monthly income so at this point I'm dependent on him for that income.

My main concern is should he go into a nursing home at some point, his monthly income would go for his care.

We have two houses, one of which is in his name only and the other in both names with joint tenancy. I think I would be allowed to stay in one house if we were married. What happens to the joint tenancy house if we're not married?

If we were to marry, our money would be combined (approx. $700,00 at this point). I know I would be able to keep a certain amount of money (should he go into a nursing home), but probably not my entire $300,000(?).

If something were to happen now I could go back to work (I'm 56), but the older I get the more difficult that will become. Also, my own money will continue to grow and I could access it if I needed to. Our plan now is to not touch my money at all.

Which way would I be better off?

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