My wife and I are both going to receive a pretty sizeable inheritance from both of our parents. The inheritance we’ll both receive should be, roughly, around the same figure.
I’ve done some research on how to best manage this money as a couple and have discovered that in Canada, where I am, there is a post-nuptial agreement we can create to map out a plan on where the money goes and what happens if we were to ever divorce. I’ve also learned that once you mix the money together it’s very hard to separate.
The thing is that my wife and I are in a high trust relationship, we’re both kind people, and I don’t suspect things would get nasty if we split up. I don’t really expect us to split up at all. With that being said I don’t have any concerns with mixing our money together, and if my parents pass away first I was planning on immediately maxing out both of our tax-shielded investment vehicles. And when her parents go continuing to mix our money together. We are also homeowners.
My question is: is this a reasonable avenue for us to go in our planning and what would separation of our estate look like if we weren’t to create a post-nuptial agreement? Am I missing anything obvious?
