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Reply to "Protecting money you gift adult kids for a house"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Oh, that makes more sense. Thanks for mansplaining how I should handle leaving my career to raise my children. And PP - divorce surrounding money is a leading factor in bankruptcy and other financial emergencies. You lose love, maybe your kids , - but if you protected your assets you don't lose your quality of life. Or kids. Because I can always provide for my kids I will never be in trouble. That gives me complete freedom. Lots of people on here hate their spouse but are financially trapped. We aren't, because like adults, we considered all possibilities before we wed.[/quote] You mentioned up thread that you had massive wealth. Wouldn't that leave you with more than enough even if you split it with your DH?[/quote] Oh I have more than enough without my trust. However, because the LAW recognizes the importance of protecting inheritance and trusts, I'd never give up money to someone who was separating from me. If you are willing to give a man you are leaving 12-15 million dollars that never belonged to him in the first place- you are pretty awesome. Have you actually seen anyone go through a divorce?[/quote]
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