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    Nickstermon's Avatar
    Nickstermon Posts: 1, Reputation: 1
    New Member
     
    #1

    Jun 24, 2009, 05:37 AM
    Parents’ inheritance
    Before my parents died, they asked that I make sure that my children get the inheritance money from their EXXON Mobile stock and other investments, if I should die before my wife. I’m about to pay cash for on our Florida home. The money will come from my parents’ inheritance. My wife wants to be on the deed. If I put her on it, how do I insure in my will that my children get the inheritance money after the house is sold? Obviously the best scenario is to just have me on the deed but I don’t want to cause strife in our marriage. Her ex has a pension, I do not. She feels our inheritance should go to her two children and my two children equally. I totally disagree. I feel her ex has taken care of his children in his will. I want to take care of my children, not hers. Your input will be much appreciated.
    accounty's Avatar
    accounty Posts: 8, Reputation: 1
    New Member
     
    #2

    Jun 24, 2009, 10:55 AM
    I am not a lawyer but I agree you need to take care of your children. If she will help pay for house in any way then write the will the house to be sold and divided in the percentages you put into it. My grandparents did a sinilar thing. They divided the estate by each child got 10% (5 children) the remander divided equally among each grandchild.
    cdad's Avatar
    cdad Posts: 12,700, Reputation: 1438
    Internet Research Expert
     
    #3

    Jun 24, 2009, 01:22 PM

    Why not create a trust and just keep paying on the house as you have been ? That way your honoring their wishes and your children can receive the money at a given time.

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