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Reply to "Protecting money you gift adult kids for a house"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I don't understand sharing inheritances. At all. My trust required a pre nup. However, we also get annually gifted by my parents as part of their estate planning- $28k to both my husband and I every year. That money is absolutely shared- legally my parents gifted it to him . I like the arrangement.[/quote] Is an inheritance a different type of legal tender? Nonsense. Why would it be different?[/quote] Yes. It's a premarital asset. He wouldn't be entitled to money that I brought into the relationship and did not commingle. It's not an inheritance, but an irrevocable trust. In short- yes- inheritance is very different legally.[/quote] It's still incoming money I share. It's still green and we share.[/quote] It's not incoming if you possessed it before marriage. [/quote]
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