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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]Nah. I've never touched my trust as we make plenty of money. My kids have trusts too, so I think we are okay. Anyway. [b]I think we've established that people without trusts simply can't relate[/b]. So, reflexively they accuse people with trusts, because you have absolutely no idea what you would do in another's shoes- you won't ever have to worry about it. This is just beating a dead horse though. You win, if you want. I feel very lucky to have what we have and don't need to "win" with you.[/quote] The only thing I saw established was that some people couldn't imagine being married without legally shielding their assets from their spouses. I'm glad I'm not in that kind of marriage.[/quote] I don't think you really understand the situation. It's not the spouse shielding "their" assets. It's the spouse's parent protecting the parent's assets. It's the parent's money and it's their right to decide how they're going to give it. If you, the DIL, think you need more control -- well then, you just have to be prepared to reject the money. [/quote]
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