It would be great if we all loved our children’s spouses. But what happens if we don’t? And worse, what happens if they get divorced after your death?
Will your assets (your child’s inheritance) be counted as marital property and possibly be divided in the divorce?
It can happen that way when inheritance funds are commingled with marital funds. Commingling should be avoided at all costs but still, there are times when funds are commingled and then become “marital property.”
Leaving your assets up to fate may leave you feeling weary. After all, you have spent your whole life working hard to build an inheritance to leave behind for the next generation. The last thing you want to do is let it get into the wrong hands.
The good news is that you don’t have to leave it up to fate. Instead, you can secure your assets by legally putting your wishes in writing. Using tools like a revocable living trust can ensure the proper distribution and protection of your assets.
If you are serious about protecting your assets and saving your legacy, contact us to learn more about how we can help you and your family.