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Money and Finances
Reply to "Remarried -- how best to structure my will/trust for my adult children."
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Why not help your kids be set for life by the time they are 40. No need to leave them anything after that.[/quote] Under this logic, op need not set aside anything for his new wife. After all, she is 50 and under your rationale should have had her financial life in order since she was 40. Why should she get a windfall just for marrying op at the tail end of his earning years? She’s had a whole lifetime of earnings to plan for herself. [/quote] I generally agree with this - let her live in the house until she dies if she wants but otherwise, why leave her anything? But then again if I were OP I would not remarry. My SIL and her partner did not (re)marry. Their home is jointly owned by two trusts, one in each of their names.[/quote]
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