Reply to Remarried -- how best to structure my will/trust for my adult children.

Forum Index » Money and Finances

Reply to "Remarried -- how best to structure my will/trust for my adult children."

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous]My FIL never remarried because of things like this. Put it all in a trust and be very clear who gets what. [b]I know adults who lost entire inheritances (and at least one was old money) to step parents and step siblings.[/b] My own FIL made sure no spouse could never touch the inherence and it goes straight to grandkids. A second person (non-spouse) has to sign off on anything trust related. I am comfortable financially and I am glad my children are taken care of. I would advise you to do something similar. [/quote]

This happened to me. Everything left to my stepfather and stepbrother. And yes, it was “old money”. Money that have been passed down several generations, so it’s not like my mother earned it or something. It should have remained in our family. I spoke with an attorney who had done a previous trust for my mother, a trust that left everything to me, and he suggested that my mother was not in her right mind when the new trust — the one benefiting my step brother— was drawn up. In fact, she had discussed with that attorney that she didn’t want anything at all going to her husband or any member of his family, because he had not treated her very well (which was true). Ultimately, though, it was not something we were going to be able to prove in court. One of the things that annoys me the most is that my stepfather had plenty of his own money, and left a couple million of his own to his son. They had plenty of money. They didn’t need my mother’s. But this happened anyway. [/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics