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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][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] Honest Question: What was the point of getting married at this stage since your kids take priority, and you are not really comingling? I am genuinely curious why marriage was the better option here instead of co- habitation? [/quote] Some people foolishly think marriage gives them “security”. If the first marriage failed so can the subsequent unions. [/quote]
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