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Reply to "set aside money for parents without telling your wife to be."
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[quote=Anonymous][quote=Anonymous]1) premarital property is premarital property. don't commingle, have a trust in place, and properly title the accounts and also make sure transfer-on-death is set how you'd like. 2) i explicitly set this up in my trusts and will. i also had a separate life insurance policy to fund it. all of this was done with the knowledge of my spouse. 3) the funds that i was going to devote to my parents care in the event of my death will now go to our child. enough things go wrong with second spouses and additional children that i'm more comfortable knowing that my child will be secure regardless. again, all of this has been done with the knowledge and cooperation of my spouse. doing it in secret seems like a terrible red flag for your future marriage.[/quote] +1000 Done in secret is a terrible idea. I get the need to protect yourself, in 2nd marriages especially. But you have to be truthful and upfront with your future spouse, or the marriage won't last [/quote]
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