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Reply to "This is super common right in inheritances....? Spinoff. "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]This is why married people should take note. Put your assets in a trust to benefit your spouse, then kids when spouse dies. Then even if one remarries, they can’t cut they first kids out. With a 50% divorce rate, it’s naive to think it could never happen to your marriage.[/quote] So is each person in the marriage meant to have their own trust? We put our assets in a trust, but we are co-owners. [/quote] We have a joint trust as well, so if one of us dies the spouse inherits, and then when spouse dies the kids get the remainder. So say if I died and my spouse remarried, any assets he accumulated after my death that were not included in the trust, he could leave to whoever he wants, but he doesn’t outright get our joint assets to do with what he wanted. Both of us would need to disband the trust, say if we decided to get divorced. But if one of us dies our kids are protected.[/quote]
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