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Relationship Discussion (non-explicit)
Reply to "Complicated Issue: Best Way to Blend this Unique Family????"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]OP here-- Scenario 1: Provide life insurance policy of near or equal to price of home for me; house goes to his kids (thanks to the poster who recommended this!) Scenario 2: Create a will giving me 50% ownership/his girls 50% but I remain in the home...We may decide to buy each other out at some point but if I sell, they get 1/2 the proceeds Scenario 3: I inherit house; it's passed on and split between the 3 kids after my demise Of course, I really like SO's idea: I'm his wife. I get everything and he trusts me to treat all 3 fairly, knowing my character as he does. After all I'm step-mom for better or worse, that's the reality. [/quote] The problem with scenario 3 is surviving person could remarry and thus the cycle begins again. You don't want to be in a situation where what you have passes to him and he remarries and your son gets nothing and to be fair it can't be the other way around that you remarry and his daughters potentially get nothing.[/quote] If I remarry, too bad. The house gets passed on to the kids. New hubby will have to find a new home. The house goes to the kids per written agreement. My house is nowhere in this equation. We both agree it goes to my son. SO is an old-fas[/quote]
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