Reply to "Gift" from In-Laws

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[quote=Anonymous][quote=Anonymous]It's not the same as a prenup, which I support. A prenup is closely followed by a promise from both of the signatories, witnessed by their closest friends and family, to make the marriage work. Her in laws are not making a promise , they're just insisting on leverage. . . for a gift. And implying they dislike their DIL or doubt their son's marriage.[/quote]

NP, here.  I disagree.  They are making a gift to their son.  They want to ensure that in the event of a divorce, that money stays in their family and doesn't go to the ex in-law.  That's very much akin to prenuptials that allow each side to preserve their assets in the event of a separation/divorce.  My family made certain gifts to us (a stock portfolio) that was included as pre-marital moneys for my marriage.  Now that we have children, instead of coming back to me, that money will be placed in a trust for my children should we divorce or I die.

And we have a PNA, and it was nothing like what you said.  It was basically a contract that said that X was my premarital assets that would remain mine in the event of divorce or death, Y was my spouse's premarital assets that would remain theirs in the event of divorce of death and everything else was joint marital.  We both had assets that needed to remain on our sides of the family.  Some were financial (my family stock portfolio vs my spouse's retirement pension); some were physical assets like our various family heirlooms that need to return to the respective families.  This gift is essentially a portion of the family financial assets that that family wants to remain on their side of the family.

I agree with the PP that said that there is no right or wrong, only what is acceptable.  If you agree with PNA's in general you would likely consider this to be an extension of that type of agreement.[/quote]

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