Reply to Protecting money you gift adult kids for a house

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[quote=Anonymous][quote=Anonymous]Exactly. My father worked really hard and as a result created trusts for his children and grandchildren. If my spouse were to mistreat me, cheat etc you think that my spouse deserves 1/2 of the money I was entrusted with (8  digits) - money all earned and gifted before we were even dating? Wouldn't you feel terrible losing that money because you chose the wrong spouse. For our kids trusts  I'm the trustee (along with our estate planner)- my husband isn't one. Why? Because people protect their money. Smart people anyway. You all are very generous with your pretend trusts- but I wonder how you would feel if that trust was an actuality.[/quote]

New poster here without a pretend trust.  Our net worth is in 8 digits and most of it is inherited. Both of us inherited significant amounts of money but far more on one side than the other.  There are trusts on both sides as well but all the money that can be co-mingled has been and we don't have a prenup.

I get that the money is important to you because your father worked hard to earn it and trusted you enough to give it to you, but what do you see as the purpose of the money going forward? What are you going to do with it?  If you leave it to your kids or grandkids they may eventually spend it in a way that you completely disapprove of, even without spouses.  Do you plan to give most of it to charity? Or spend it?  I am just curious about what you see as the future purpose of this asset that you have worked so hard to protect.

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