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Reply to "Pros and Cons of Putting House in Trust"
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[quote=Anonymous]I can see the downpayment as being "saved" for your children, but I don't see how the mortgage comes only out of your money. Do you keep entirely separate checking accounts? How do you pay for groceries, utilities, cars, health care, and your children's expenses? It's really not fair to say that DH's income goes towards only those expenses that are consumed and/or lose value over time, but that you get to direct your income towards the house. You need to talk to trusts and wills/estate attorney. They are very, very familiar with your concerns and can help to set up an inheritance that will be fair to all the children involved.[/quote]
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