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Reply to "Pros and Cons of Putting House in Trust"
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[quote=Anonymous][quote=Anonymous]OP here - we have only been married 4 years so we have very young children. The reality is that my stepchildren have two parents that are to provide for them and my kids have two parents to provide for them. Stepkids will also receive support and inheritance from their mother and mother's side of the family. My other option could have been to put my $200k in a fund for our kids and start from scratch saving for a house together but purchasing a home with the funds is a better investment. And if I were to die first then of course I would want my husband to have the house and funds but the reality is we have two young kids that will need support and would not get it from anyone else, unlike stepkids. As I mentioned before, other assets could and should be divided equally.[/quote] Ignore the obnoxious trolls, OP. You are making sense completely. I don't think anyone's offered you good advice here. Go see a trusts and estates attorney in your state. [/quote]
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