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[quote=Anonymous]Similar situation here to PP: soon to be ex and I have both our names on rental properties titles. The value of the properties as businesses (e.g. rentals that continue to be such after divorce) is about 30% higher than selling them off a piece to split. No mortgages, fully repaid during marriage.

I am thinking about an irrevocable trust option, so that all buildings continue to be 50/50 owned by ex husband and ex wife and both would be splitting income 50/50. My guess that if I try to split or request selling them off, I won't be getting as much value vs. keeping the business intact and getting life-long income. Keeping it as is will prevent huge fight over assets and contentious divorce. I don't mind having him as partner, we are communicating ok about business and our marriage became a business arrangement after so many years. Plus, kids can be protected as well if such trust is established. I don't want anyone that my husband re-marries to inherit any of the assets that were repaid during our 20 years long marriage. He wouldn't mind it, as he has another pretty expensive asset that is his sole property.

Any considerations? [/quote]

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