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Reply to "For those of you whose parents divorced when you were 20+, if one of your parents started a second "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]This makes me wonder, is it possible to legally negotiate inheritance for one's kids during the divorce process? Could save them some of this down the road if Greedy first wives...[/quote] Our estate is in a family trust. He can not remove the current resources from the trust without my say so. The only resource not in the trust is his new house which he bought with money after the divorce and won’t be paid off until he is 80. The trust states the only people who can get money from the trust are heirs from our joint children and nobody born outside our marriage can be given money from the trust. He can earn new money and create an account or get a separate life insurance. Interest from the current money in the trust stays in the trust. [/quote] This is how smart generational families set it up.[/quote]
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