Reply to How to safe guard elder parent’s assets?

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[quote=Anonymous][quote]
My parents are getting older and looking to get their financial affairs in order. Backstory: found out father had a child before he married my mother but kept this a secret from us for several years. We didn’t find out until all us kids were adults. Mom was the breadwinner and major money saver and wants to insure all the money she has saved will go directly to us (her kids). [b]We are completely fine with splitting or even having all of dad’s money go to his other child outside of us. How can we safe guard my mothers assets so my half sibling can’t stake claim after either of them pass?[/b][/quote]

It sounds like your parents have separated their money? And your mother has more money than your father? This is not generally how marital assets work. Are they still married? If so, there are not separate "mother's assets" unless she has separate assets if she inherited them and kept them separate. Anything earned during the marriage is marital property. It doesn't matter if one person was "the breadwinner and major money saver". 
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