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Reply to "This is super common right in inheritances....? Spinoff. "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I’m a second wife and my DH has an adult daughter. (We are the same age.) We have one child together who is in ES. By the time we married and had the baby, we had paid for 2 years of her college before she dropped out. I am the financial planner between us and worked to help my DH out of huge debt that his ex incurred before their divorce. Our accumulated wealth is negligible but we do have good equity in the house we bought together before our son was born. In our wills, we leave everything to each other. If we both die, it goes into a trust for our minor child with a. Provision that the trustee could choose to pay reasonable education expenses for my stepdaughter if she went back to school. Aside from that, it all goes to our minor child. While would it be shared wIth both? She is an adult who had been raised and should not be dependent. The equity in our house is due to my planning and financial acumen and my earnings as well as my spouse’s. I can totally see resentment if one parent dies and that parent’s family property or heirlooms end up in the hands of the children of a second spouse. Otherwise, though, people shouldn’t count them r feel entitled to other people’s money as inher Trance. A couple is a couple, a partnership. [/quote] Do you plan to change the wills once your child reaches adulthood? [/quote] PP here. Yes, I imagine that our wills will leave everything to each other, or, if we die together, DH’s would split his $ evenly between his adult children.[/quote]
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