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Relationship Discussion (non-explicit)
Reply to "S/o collecting alimony...post nuptial agreements"
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[quote=Anonymous][quote=Anonymous][quote] He'll get disbursements, it's still considered income at that point. If he co-mingles it, that's another matter. More importantly, if he decides to keep it separate I would have a big problem with that. Yes what girls is he planning to give it to should he die. Either way it should be YOU and the girls. [/quote] I am the beneficiary of a trust. At this point I take no income from it (my mom does) but let's say it passes to me (and my brother). If I should die, that money is going into a trust for my kids, to be used for their education, health, etc. DH can use it for child related expenses (schooling, classes, expenses, etc) until they are adults when they will be able to use it directly. He will also get enough other $$ to pay off the family home and my retirement, so its not like he'll be in the poor house with the kids sitting on a million bucks he can't touch, but this protects the kids in case he gets remarried and wife #2 wants half the trust money. Common sense.[/quote] As long as you're alive it should be income for all of you like all the income he receives. If you die you can probably make the kids your beneficiary, but your husband might also have a vested interest depending on marital laws. No it doesn't work by common sense. You might be able to have him sign off of of it. [/quote]
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