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Relationship Discussion (non-explicit)
Reply to "AP to “Stepmom”"
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[quote=Anonymous]PROTECT ASSETS for your children!!! My friend just divorced wife 2 (who never worked while married and had no kids with him.) Wife 1 (mom of his only kids) failed to do this. In divorce 2, wife 2 took half of his assets and got alimony for 7 years of about 1/3 his gross income. Any inheritance he'd have given to his kids is now gone. Had he put his assets in a trust for them before his 2nd marriage, or required assets like life insurance and 401k to go to his kids in the settlement, he could have left them something. Assume your husband will be an idiot and hand everything over to the AP and any kids he has with her, to your children's detriment, and draft the settlement accordingly. [/quote]
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