Reply to Protecting money you gift adult kids for a house

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]
[quote]If you are willing to take a 50% shot at losing significant wealth you are just more willing to take risks than most people. Again, it's easy to make decisions about money you don't have.[/quote]

People without significant wealth take enormous risk getting married as well(and no, it is not a 50% risk of divorce for most on DCUM).

While these people's vulnerabilities/risks cannot be easily assigned a dollar amount, it means no less to them than the millions of dollars mean to the wealthy.[/quote]

okay, so we agree that risk is involved. Intelligent people mitigate risk.[/quote]

Good for them.

But it is much easier for those with already monetarily valued risks to mitigate theirs. The rest of us are usually hung out to dry. Additionally, it is considered "cruel" when we try to monetize ours(see response to the epilepsy liability analogy above). I wonder how many of these wealthy pro-prenup persons consider that their potential spouses have some very intangible risks that can be comparable to theirs.

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