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Money and Finances
Reply to "If you knew you would inherit $6M, would you do things different?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]The remarriage or new partner is a high possibility for some people. After being together for that many years, it's going to be hard for the surviving parent to get used to being alone and they're likely to see out a new companion. It's more likely a man will remarry (much more on offer due to longer lifespan for women) but either can happen.[/quote] My mother sacrificed her whole life to leave money to me and my sister. My dad remarried and left the bulk of his estate to his second wife. My sister and I together received about 10% of the estate. [/quote] To reduce the likelihood of this kind from happening (or at least reduce how devastating it would be), my parents split their estate in their 70s (married for 55 years now). When the first one dies, that person's estate will be split between me and my siblings, leaving "only" half for the spouse who is still living. There are also a number of trusts set up. They are fairly well-off so lots of time has gone into estate planning. I know my mom would never remarry. My dad probably would, even in his 80s or 90s, unfortunately. I beg my mom to outlive him![/quote]
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