Community Property & Gambling

[tgunsch]

I am happily married in Louisiana to a compulsive gambler (as happily as can be expected). As you would expect, he is very irresponsible with money and gambles it (video poker) away without regard for family, bills, etc. Is there any good way to protect our assets from his disease? I am in a community property state and don't think separate bank accounts is the answer. Are there any special provisions for this situation?

 

[I AM ALWAYS LIABLE]

My response:

Other than Legal Separation or Dissolution of the marriage altogether, there's not much else you can do.

IAAL

 

[tgunsch]

Thanks for your response. I am trying to find a way to prevent that result. Other than the gambling problem, we love each other and we have 2 kids that need us together. I guess I'll just have to resign myself to the fact that we will be financially insecure. Luckily, we make decent money and we usually recover from his slip ups. We can just never get ahead. Every time he realizes we have a little extra that's when he really blows it. I could go on for days, but I won't! Thanks.