nancyfrank232
Recycles dryer sheets
- Joined
- Sep 7, 2019
- Messages
- 249
Once money or assets are given to a child, and the child gets married, any separation or divorce may give your child’s spouse a nice windfall
For those who will have significant wealth to pass down to their children, how do you plan to protect it?
Do you accept that if you buy your child and their spouse a home or give them a large sum of cash, that upon divorce, the spouse will get half of it?
Do you just give without worrying about it? And whatever happens, happens?
Do you leave it in your will, and whatever happens after you die is no longer your problem?
Do you create a trust?
For those who will have significant wealth to pass down to their children, how do you plan to protect it?
Do you accept that if you buy your child and their spouse a home or give them a large sum of cash, that upon divorce, the spouse will get half of it?
Do you just give without worrying about it? And whatever happens, happens?
Do you leave it in your will, and whatever happens after you die is no longer your problem?
Do you create a trust?