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Relationship Discussion (non-explicit)
Reply to "Talk to me about your gray divorce?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Just be sure you take care of your kids by placing assets in a trust for them. If he remarries he'll give most of his assets to the new wife, and she doesn't have to give them to your kids. Of course she'll let him tell himself she will. But really, this is the price of the marriage and he's going to rationalize paying it.[/quote] Nice idea, but a man who thinks he might want to remarry, especially someone out of his league, is probably not going to agree to this. [/quote] Right, that's why it's important to lock it down if you can. Sometimes they think they won't remarry but then they do. Or they think they'll have enough money even with the trust, so they don't mind doing the trust. But if it's not in a trust, it's vulnerable to the new wife's discretion.[/quote] Definitely worth a try! [/quote] My mom did this for me. She was very smart to lock it in while he was feeling guilty about the divorce and wanting to seem like a good dad and appease us kids. Of course, she put some assets into the trust too. It had the side benefit of protecting the trust assets from her new old-guy husband's Medicaid spend-down, so that was awesome too. It's super fun when your parents get divorced and your mom marries someone who is old and broke. Love it.[/quote]
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