I am divorced but getting re married, I have 2 small children by my first marriage and as such, untill they leave full time education, my ex wife has first dibs on my estate should I die to allow for child support. My question is this, if I remarry, then die, what happens to my estate? will my new wife be suddenly homless? I understand that the law has to make allowances for the children but after all my ex did get a £300k house, £20k in cash and a new car, plus she gets £450 per month. I feel this should be enough so I would like to make my new house secure for my new wife or my children not my ex wife. Any legal ideas?
2007-08-07 01:53:59 · 13 answers · asked by Anonymous in Family & Relationships ➔ Marriage & Divorce
I ave been down the will road. The first part of my estate goes to my ex, even if I make a willshe still gets first dibs. I have thought about the insurance but I will have to make sure that she is not entitled to kick out my new wife anyway. By the way, as a matter of equality ladies, why is it that if SHE dies I get no financial help at all, that has always bugged me.....
Rosie, are you saying that all you women are alike??? That no man should ever trust any woman??? too much emphisis is put on to money and things. She can have the money, I have my new woman and my kids still love me.
2007-08-07 02:19:17 · update #1
Put the new house in your wifes name only. Can't take what you don't have.
2007-08-07 02:00:14 · answer #1 · answered by Anonymous · 2⤊ 0⤋
You need to consult a lawyer who understands your wishes and helps you to accomplish them legally. It is an estate matter, not a permanent memorial to revenge on your ex-wife. She basically has the responsibility for the two small children you mention - that you helped create. As such, they are her responsibility 24/7 unless they visit you and your new relatively care-free second wife. Does your second wife want those two children 24/7 - is that what you are saying? I'd be shocked to hear an affirmative answer to that!
So stop acting like your ex-wife is sucking the life out of you financially and you want it to stop as soon as you depart this earth. Without a second family, you and your second wife are just two resentful people thinking your ex is living the dream - I assure you she's not.
Your new wife will never be suddenly homeless. Since she's not a parent, she will have great mobility and freedom to live her life as she chooses, unencumbered by you or your children, once the mourning period has passed - most likely, she would remarry.
Legal ideas? Offhand, I'd pay a ton of money every month to a life insurance policy so your second wife becomes a mulit-millionairess once you die. But be aware, if you could look down from the pearly gates and observe her new life with her new husband, you might not approve of that either!
2007-08-14 10:23:09 · answer #2 · answered by kathyw 7 · 0⤊ 0⤋
You have to make out a will and divide it- see to it that your children have a home and are set- and that your new wife is secure as well.
My husband's ex and he did not have children, he owes her nothing- when kids are involved the only focus of responsibility is to assure your children will never have to go without.
Speak with an attorney and get a will made out specifying what you wish to leave and to who. The attorney will guide you through the steps and give you the best advice.
This is the way to set things straight, this way if anything happens to you, they have a signed document and no arguments or fueds will break out among your wife and ex-wife etc..
2007-08-07 02:05:07 · answer #3 · answered by brandy2007 5 · 0⤊ 0⤋
Actually, all you need to do is get an insurance policy equal to the unpaid child support should you predecease your children before they are 18. Better yet, buy one naming your new wife as beneficiary, and have the aforementioned amount set aside in trust for the minor children. I would also contact a solicitor to make sure my will is current and your new wife will receive what is rightfully hers so there will be no conflicts later.
2007-08-07 02:06:22 · answer #4 · answered by Travis McGee 2 · 1⤊ 0⤋
It's all about who the bread winner is. I have two marriages that ended...the first in divorce in which he got everything except spousal support and I got the kids with no child support from him because I was the bread winner. My second husband past away. I was the bread winner so I was not able to get anything financially....and I am the wife! His part of OUR marital property went to pay his child support obligations from three previous relationships because there was no will, however, anything I purchased or invested explicitly for my children was not touched.
2007-08-14 01:46:22 · answer #5 · answered by peggy m 5 · 0⤊ 0⤋
Maybe wait til your ex wife is re married, then maybe the claim she has will be revoked. Or try getting severance order through a solicitor. May I enquire if you divorced your ex as if she did it to you she may have feelings of bitterness and anger and may not be willing to compromise the original deal.
2007-08-11 03:32:16 · answer #6 · answered by milly 4 · 0⤊ 0⤋
you could set up a seperate trust for your children, or get a new insurance policy with your wife as beneficiary you should speak to a financial planner and an attorney
2007-08-07 01:59:33 · answer #7 · answered by cutie420311 3 · 0⤊ 0⤋
it really depends on your will
start up an acoount for your kids and a trust fund so they dont lose out and instruct the bank to put a regular deposit in for them on amonthly basis
2007-08-14 19:02:51 · answer #8 · answered by ~*tigger*~ ** 7 · 0⤊ 0⤋
I suggest you get legal advice...you should get a prenuptial done with new wife and also have a will...
2007-08-07 02:01:37 · answer #9 · answered by Anonymous · 0⤊ 0⤋
Get an updated will.
2007-08-07 02:23:00 · answer #10 · answered by kim t 7 · 0⤊ 1⤋