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Reply to "elderly father remarrying and inheritance question"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]MIL died last year. FIL is likely going to remarry. We are thrilled for him and we like his girlfriend. He is 79, girlfriend is 73. She was never married and has no children and no family outside of a brother she is "estranged" from and probably some cousins. We have the only grandchildren. My husband has a sister who is a single, law partner. No kids. We do not want or need FILs money but would like it (or a portion of it) to go to our children as opposed to whatever his new wife-to-be does with it after her death (We imagine she will outlive him----and then when she passes will she give it to our kids? donate to a church? will it go to her estranged brother?) She is financially secure (was a professor for many years, owns her own home, etc). FIL wants whatever we want. He adores the grandchildren. Thoughts on how to proceed prior to his marriage? We are having very open conversations with this (he is super open about talking about it). Thx![/quote] omg grow up This is not your money. YOU HAVE NO SAY> NOT YOUR MONEY> Your FIL can do whatever he likes and if he goes first yes her money. Forget that church stuff absurd.[/quote] Yea but it’s his money and he needs advice to make it last until the bitter end. If she is healthy and he needs a nursing home it’s his money to pay for the nursing home and that needs to be in writing/a plan. Plus they most likely will lose the ability to manage money at some point and need a power of attorney. She will too. Planing is what intelligent people do.[/quote]
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