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Relationship Discussion (non-explicit)
Reply to "Complicated Grief and my late friend’s husband "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Eh. This is what men do - they remarry ASAP and start new families. It sucks, but it's what they do. I have no doubt that my dad would have wasted all my mom's assets on my stepmother and her kids, if it wasn't all legally in a trust for her children only. Thank god for that! [/quote] This is what my dad did. Re-married at 50 which we didn't have a problem with. However, he put all assets as joint with the new wife who was much younger. Assets from my mom and dad going way back. When he was ill his lawyer called my brother telling him of his concerns. My dad depended on his wife to take care of him, so there was that pressure. He left us a small life insurance policy he hid from her which I could tell she was somewhat miffed about. We ended up splitting it with her because frankly we all have a good relationship with her. I still visit her every year, but it was crappy she ended up with everything. Today we're all well off, but it's mostly the principal. It did teach me though. I have an expensive home I've always kept separate in trust to our kids.[/quote] Yep. It’s the principal of the thing. Lesson is that wives should ensure through official legal means 50% of joint assets go to kids if that is your goal for your wealth. Don’t assume your husband will do so in the future even if that is their intent.[/quote] Hope you also teach your kids the difference between “principal” and “principle” along with leaving them all that wealth! [/quote]
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