Reply to Remarried -- how best to structure my will/trust for my adult children.

Forum Index » Money and Finances

Reply to "Remarried -- how best to structure my will/trust for my adult children."

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Your kids should be your healthcare power of attorney, and you should set up a trust that benefits them only. Your house can go to your spouse. You owe your kids this. [/quote]

This, but kids inherit the house. Leave spouse 10% of total estate or nothing. [/quote]

Then don't get married.  You need to care for your spouse during death.  Kids are being greedy.[/quote]

Spousal elective share laws require 33-50% of the estate or the spouse can challenge the entire estate, so this is terrible advice and an attorney would never advise it. [/quote]

Not if spouse waives it in prenup . Elective share covers marital assets not premarital or trusts [/quote]

Depends on your state.  In most states, the augmented estate does included premarital property.  Trusts set up before remarriage, plus a specific spousal waiver in a prenup, can avoid this issue, but who's going to waive their elective share in a prenup if they aren't independently wealthy themselves?  [/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics