Anonymous wrote:My trust is very large. I have a ton of confidence in my marriage of 12 years and three kids. I don't believe he would ever leave- BUT if, say, he cheated you think he gets 1/2 of the money I have in a trust?

Nope. It's not about having a good marriage or not- it's common sense.

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Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I don't understand sharing inheritances. At all. My trust required a pre nup.

However, we also get annually gifted by my parents as part of their estate planning- $28k to both my husband and I every year. That money is absolutely shared- legally my parents gifted it to him . I like the arrangement.

Is an inheritance a different type of legal tender? Nonsense. Why would it be different?

Yes. It's a premarital asset. He wouldn't be entitled to money that I brought into the relationship and did not commingle. It's not an inheritance, but an irrevocable trust. In short- yes- inheritance is very different legally.

It's still incoming money I share. It's still green and we share.

It's not incoming if you possessed it before marriage.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I don't understand sharing inheritances. At all. My trust required a pre nup.

However, we also get annually gifted by my parents as part of their estate planning- $28k to both my husband and I every year. That money is absolutely shared- legally my parents gifted it to him . I like the arrangement.

Is an inheritance a different type of legal tender? Nonsense. Why would it be different?

Yes. It's a premarital asset. He wouldn't be entitled to money that I brought into the relationship and did not commingle. It's not an inheritance, but an irrevocable trust. In short- yes- inheritance is very different legally.

It's still incoming money I share. It's still green and we share.

Anonymous wrote:
I also shared my inheritance. After 34 years of marriage, I'm pretty sure this is the real deal. We also share a child who will eventually get the money anyway. And we don't really need the money. So that's how we roll.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I don't understand sharing inheritances. At all. My trust required a pre nup.

However, we also get annually gifted by my parents as part of their estate planning- $28k to both my husband and I every year. That money is absolutely shared- legally my parents gifted it to him . I like the arrangement.

Is an inheritance a different type of legal tender? Nonsense. Why would it be different?

Yes. It's a premarital asset. He wouldn't be entitled to money that I brought into the relationship and did not commingle. It's not an inheritance, but an irrevocable trust. In short- yes- inheritance is very different legally.

Anonymous wrote:

Anonymous wrote:I don't understand sharing inheritances. At all. My trust required a pre nup.

However, we also get annually gifted by my parents as part of their estate planning- $28k to both my husband and I every year. That money is absolutely shared- legally my parents gifted it to him . I like the arrangement.

Is an inheritance a different type of legal tender? Nonsense. Why would it be different?

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Anonymous wrote:We had friends over this weekend. We were discussing how expensive housing was becoming in our city. Friend's husband said he can't imagine how our teen kids would be able to buy a home without parental help.
My friend said she is willing to help their kid with a down payment if the hypothetical future spouse signs a prenup or the house is in the parent's name or if the grooms family gifts them the same amount. I thought this was a horrible idea. She was worried money would be lost if they divorce. Seems tit for tat. As if she can demand money from his parents to equalize it.

I think when you give money like that, there is a risk. I would only gift what I am okay with losing if they divorce. When I gift it, it's not mine anymore anyway.

DH and I share everything, including inheritances. They do separate finances.

Not interested in discussing the legal aspects.

Dumb move bro.

Anonymous wrote:No way I would allow my spouses parents to be on my house title.

Anonymous wrote:I don't understand sharing inheritances. At all. My trust required a pre nup.

However, we also get annually gifted by my parents as part of their estate planning- $28k to both my husband and I every year. That money is absolutely shared- legally my parents gifted it to him . I like the arrangement.

Anonymous wrote:You can't protect it from the gift tax.

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Anonymous wrote:Your friend wants to control the uncontrollable and unknowable.

Asking a potential DIL or SIL to sign a pre-nup would send any self respecting person running for the hills.

Asking a child's intended family by marriage to pony up money for a house, even if you're matching the amount is crass.

Well, legally speaking, it's not uncontrollable.

Anonymous wrote:I thought assets brought to the marriage remain separate? If so, I would think the key is to gift your child the down payment money prior to the wedding. Then after the wedding, they buy the house with it. This way in the event of divorce, the child would still get their initial down payment back before any other proceeds are split.