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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Everything joint. I have 3 kids from first marriage. DH has none. I have life insurance with my kids as beneficiaries that will go into a trust with my parents managing the trust. Once my kids are out of college, I’ll reevaluate the life insurance.

For DH and me, all our income, savings, investments, and real estate are in both our names. When either of us dies, it all goes to the other.

I don’t find this to be complicated at all and it seems weird to not partner because of finances. DH and I both make relatively similar salaries and come to the relationship with similar assets. [/quote]

Your poor children. [/quote]

You need to set up trusts for the kids.  If you die before husband 2 your kids won’t inherit anything and husband 2 might remarry and all your money goes to new wife and maybe her kids!

I never understand why people remarry. What is the point?

My husbands grandmother remarried but she married up. Her second husband (first died) wanted to leave her everything and he was rich.  She convinced him not to but in his estate planning she was meant to be taken care off and all bills paid by his estate until she died.  His family ended up suing which was ridiculous!  If she was like so many others they would have received nothing!  Her second husband wanted it that way!

Don’t remarry and if you do speak to a lawyer and make sure your estate passes to your children.  Second spouse 2 should be able to find themselves and if they can’t take out one life insurance for them as a beneficiary.  [/quote]

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