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[quote=Anonymous]I did meet with my divorce lawyer at the end of my divorce to hash all this out and write a will. I asked about trusts (because that's what I initially thought I needed to set up) and having my parents be beneficiaries.

He told me that since custody would automatically go to XH as the surviving parent, XH had a very good shot at forcing my parents off the trust and being named the trustee since he had custody. He said the longer XH is out of the picture of his own volition, the better chance my parents had of getting primary custody, esp since we lived with and are still close to them. Plus, at the time, I didn't have $250K, I only had $50K and the lawyer said it wasn't worth the hassle for that amount of money.

Also, if the money was in a trust, my parents couldn't use it on lawyers for a custody battle (which my lawyer absolutely agreed with me that they should file for grandparents rights at the LEAST if anything happened to me)

I'm not a lawyer so I don't know how much of that is valid, but it made sense to me at the time. I'm willing to rework things and set up a trust, I just don't know if that would be the best move.

I should add, I own no property and the only debt I have is $20K of student loans. So it's just the life insurance. [/quote]

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