Protecting money you gift adult kids for a house

[Anonymous]

That makes sense. You have little so have little to lose. I wouldn't want a prenup either in your situation.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Totally! Make sure your kids don't protect their assets- great advice mom!

My kid's most valuable assets are their health, their family, their self esteem, their brains, their education, to name a few.

Money is nowhere near one of the most important ones, and I hope it never is. If they get to share all the other ones with their spouses, I fail to see how keeping money to the side is worth it.

I understand that when you have a lot of money, it might be the case for you.

Good for you.

I am not judging you, so don't judge me.

And I hope your children do their best to protect those interests: exercise, going to the doctors regularly, being life long learners etc. I don't understand the idea that you consider it good and proper that they nurture and protect those assets- a financial asset is just another thing to protect and nurture.

I agree with protecting and nurturing financial assets as you would all the others. Now protecting them from a spouse, because of the risk of divorce is where we disagree. I don't understand why you keep missing this point.

Because I don't believe you when you say you'd be okay with a cheating spouse to take $10 million of your dollars. No one can be that irrational.

[Anonymous]

Anonymous wrote:That makes sense. You have little so have little to lose. I wouldn't want a prenup either in your situation.

Yeah, we have little money to lose.

[Anonymous]

Anonymous wrote:

Anonymous wrote:That makes sense. You have little so have little to lose. I wouldn't want a prenup either in your situation.

Yeah, we have little money to lose.

So I can understand why a pre nup would be meaningless to you but you can't understand why a prenup between adults with significant assets would be prudent?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Totally! Make sure your kids don't protect their assets- great advice mom!

My kid's most valuable assets are their health, their family, their self esteem, their brains, their education, to name a few.

Money is nowhere near one of the most important ones, and I hope it never is. If they get to share all the other ones with their spouses, I fail to see how keeping money to the side is worth it.

I understand that when you have a lot of money, it might be the case for you.

Good for you.

I am not judging you, so don't judge me.

And I hope your children do their best to protect those interests: exercise, going to the doctors regularly, being life long learners etc. I don't understand the idea that you consider it good and proper that they nurture and protect those assets- a financial asset is just another thing to protect and nurture.

I agree with protecting and nurturing financial assets as you would all the others. Now protecting them from a spouse, because of the risk of divorce is where we disagree. I don't understand why you keep missing this point.

Because I don't believe you when you say you'd be okay with a cheating spouse to take $10 million of your dollars. No one can be that irrational.

Is cheating the terrible situation you could come up with? Really? So what happens when your wealthy children cheat? Do you have a prenup to compensate(and not money please, that cannot buy time and emotions) for the time and energy that the non-wealthy spouse put into the relationship?

I would try to convince you if I could, but I am not sure how to.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:That makes sense. You have little so have little to lose. I wouldn't want a prenup either in your situation.

Yeah, we have little money to lose.

So I can understand why a pre nup would be meaningless to you but you can't understand why a prenup between adults with significant assets would be prudent?

I understand why it would be. I don't agree with the reasoning behind it. Significant assets do not always come with dollars in front of them. When we can figure out a prenup that considers all the assets I will get on board.

[Anonymous]

What?

[Anonymous]

Anonymous wrote:What?

hmmmm?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:That makes sense. You have little so have little to lose. I wouldn't want a prenup either in your situation.

Yeah, we have little money to lose.

So I can understand why a pre nup would be meaningless to you but you can't understand why a prenup between adults with significant assets would be prudent?

I understand why it would be. I don't agree with the reasoning behind it. Significant assets do not always come with dollars in front of them. When we can figure out a prenup that considers all the assets I will get on board.

Whose "we"? I don't want a prenup with you. You have no idea the provisions of anyone else's pre nup. And I have no idea what you mean when you say "significant assets do not always come with dollars in front of them?

I feel like you are being deliberately weird.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Totally! Make sure your kids don't protect their assets- great advice mom!

My kid's most valuable assets are their health, their family, their self esteem, their brains, their education, to name a few.

Money is nowhere near one of the most important ones, and I hope it never is. If they get to share all the other ones with their spouses, I fail to see how keeping money to the side is worth it.

I understand that when you have a lot of money, it might be the case for you.

Good for you.

I am not judging you, so don't judge me.

And I hope your children do their best to protect those interests: exercise, going to the doctors regularly, being life long learners etc. I don't understand the idea that you consider it good and proper that they nurture and protect those assets- a financial asset is just another thing to protect and nurture.

I agree with protecting and nurturing financial assets as you would all the others. Now protecting them from a spouse, because of the risk of divorce is where we disagree. I don't understand why you keep missing this point.

Because I don't believe you when you say you'd be okay with a cheating spouse to take $10 million of your dollars. No one can be that irrational.

Is cheating the terrible situation you could come up with? Really? So what happens when your wealthy children cheat? Do you have a prenup to compensate(and not money please, that cannot buy time and emotions) for the time and energy that the non-wealthy spouse put into the relationship?

I would try to convince you if I could, but I am not sure how to.

Wait, my wealthy children are going to cheat? Why? And lol at compensation that isn't monetary. What do you want- massages and a safe space in compensation?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:That makes sense. You have little so have little to lose. I wouldn't want a prenup either in your situation.

Yeah, we have little money to lose.

So I can understand why a pre nup would be meaningless to you but you can't understand why a prenup between adults with significant assets would be prudent?

I understand why it would be. I don't agree with the reasoning behind it. Significant assets do not always come with dollars in front of them. When we can figure out a prenup that considers all the assets I will get on board.

Whose "we"? I don't want a prenup with you. You have no idea the provisions of anyone else's pre nup. And I have no idea what you mean when you say "significant assets do not always come with dollars in front of them?

I feel like you are being deliberately weird.

I don't want one with you either, silly. I am happily married.

Now, you are accusing me of being deliberately weird when you cannot infer that "we" in that case meant soceity. Come on now!

You might be on to something about the provisions of the prenup though.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Totally! Make sure your kids don't protect their assets- great advice mom!

My kid's most valuable assets are their health, their family, their self esteem, their brains, their education, to name a few.

Money is nowhere near one of the most important ones, and I hope it never is. If they get to share all the other ones with their spouses, I fail to see how keeping money to the side is worth it.

I understand that when you have a lot of money, it might be the case for you.

Good for you.

I am not judging you, so don't judge me.

And I hope your children do their best to protect those interests: exercise, going to the doctors regularly, being life long learners etc. I don't understand the idea that you consider it good and proper that they nurture and protect those assets- a financial asset is just another thing to protect and nurture.

I agree with protecting and nurturing financial assets as you would all the others. Now protecting them from a spouse, because of the risk of divorce is where we disagree. I don't understand why you keep missing this point.

Because I don't believe you when you say you'd be okay with a cheating spouse to take $10 million of your dollars. No one can be that irrational.

Is cheating the terrible situation you could come up with? Really? So what happens when your wealthy children cheat? Do you have a prenup to compensate(and not money please, that cannot buy time and emotions) for the time and energy that the non-wealthy spouse put into the relationship?

I would try to convince you if I could, but I am not sure how to.

Wait, my wealthy children are going to cheat? Why? And lol at compensation that isn't monetary. What do you want- massages and a safe space in compensation?

You troll.

It was fun though.

[Anonymous]

I'm not a troll.

[Anonymous]

Anonymous wrote:I'm not a troll.

LOL. Different poster here. You obviously are; you've been playing dumb for pages now.

[Anonymous]

mmm. Maybe. Or maybe I'm just not poor and bitter and uneducated about how money works.