In a blended family to whom would you leave your assets, your spouse or your child?

Question

In the event of death, child will return to other living biological parent.

If you choose your child, what is your arguement to the living spouse?

Answer 1

Have your lawyer make it so that your money goes to your child as long as the child is 18yrs or 21yrs old. If your child isn't of age have it go into an account with intsructions of how you want your child to use it in your will. If you want your child to use it for college have it put into a college fund so your child cant spend it on anything else. If you leave it to your ex or someone else who knows how they will use it. People are funny when it comes to inheriting large amounts of money

Answer 2

The law states that any assets you acquired while married is 50% owned by your spouse. If you have things you received prior to your marriage, you will need to check your state laws as to community property. Basically it boils down to 50% to the spouse and 50% to your child.

Answer 3

CHILD but make sure the other parent can't use the money for themselves... talk to a lawyer or someone who is experienced in these things. As far as i know you can leave it in the childs name but the parent can access it or you can leave it in the childs name until the child turns a certain age then they can have it.

Answer 4

Don't leave to a child, leave your assets to your parents that way they can keep for the child until the child is an adult.

Answer 5

If you have a Will, then it should go to both your child, and your new husband. If you don't have a Will, then your situation will be more complicated.

My Mother-in-law's father passed away, and she and her sister did not get anything. The new wife got everything!

Talk to your Attorney and make sure your child is taken care of!

Answer 6

Couldn't you split it? Have the spouse retain the home, and any other assets go to the child...

Answer 7

relies upon on who the man is interior theirself. ideally our better 0.5 is meant to go back first previously all others. yet who might want to turn their decrease back on their youngsters. we'd want to die for them. that is per chance no longer a remember of who comes first yet that the affection of your better 0.5 and your children expresses 2 diverse sorts of love. You percentage your entire existence along with your better 0.5. they have continuously universal you as an grownup. with any success they'll be there to love you at the same time as your children leave to commence their own grownup lives. your children want you to be dedicated to them and look after them and about them. yet at the same time as they leave, the relationship ameliorations. they don't see a lot of your existence from there on, oftentimes. they have youngsters of their own. The species has an exceedingly good equipped in want to further the existence of the youngster. this would make us pick the youngster over the better 0.5. a wedding ceremony ameliorations when we've children. there's a danger that the girl (or per chance even the guy) will supply all her like to the youngsters and ignore the better 0.5. ultimately this causes resentment and arguments and regularly divorce. "She would not care about me any more desirable" There must be a stability. One ought to no longer ignore the purposes of their better 0.5. basically because we upload something to the relationship does no longer supply it the right to get inbetween that significant relationship. If the marriage fails, then we've also failed our children. Been there, carried out it, realized from it.

Answer 8

When we married my husband had 5 children (4 grown/1 at home) and I had 2 at home. They are all grown now. We've been married over 20 years. In our wills we have left all of our possessions to each other, not to our children. If my husband dies before I do I will leave my possessions to my children. They mean nothing to my step-children.

Answer 9

Your spouse in trust for your child.

Answer 10

Personally, I'd leave it to my daughter before I'd leave it with any man, or anyone else in my family for that matter. It will be kept secure until the child is old enough to sign for it, then he/she will be the only one able to "cash it in."