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Reply to "Remarried -- how best to structure my will/trust for my adult children."
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[quote=Anonymous][quote=Anonymous]You are REALLY complicating this. My DH passed away when my kids were teens. We both made an income and I got a substantial life insurance payout. All of my assets are in a trust. My children are my top priority and when i remarried we signed a prenup o to protect our respective children. We share the same values both put our kids first. Since we both came to the table as fully employed on solid financial footing, we only co mingle funds for living expenses in one joint checking. Everything else stays separate. sun the event of death the house and checking will go to the surviving spouse. If we divorce, the house gets sold and proceeds split down the middle. It’s actually very easy and very clean. [/quote] Did you buy a new house together on 50:50 downpayment and are sharing the mirage expenses ? Or is it a house one of you paid off before marriage, and where their kids grew up, and then the new spouse “moved in”? I’m the latter scenario I don’t understand why the surviving spouse should get the house which is a premarital property [/quote]
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