Can I Prevent My Daughter In Law From Getting My Son’s Inheritance? – Bott & Associates

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Transcript:

00:00:03 you can protect your assets from going to unexpected people like a son-in-law or a daughter-in-law and often people say to me yeah I don’t want it to go through a divorce and then all of a sudden my son’s inheritance goes to the daughter-in-law like the ex-daughter-in-law and so how do we protect from that we make sure that within your trust we give your son a trust right a trust for your son that is only in his name and we guide them and say Don’t call mingle and get it as a joint asset with you and your spouse

00:00:38 keep it separate you can spend it but keep it separate so that if that circumstance happens and you do go into a divorce then at least that money is still yours it’s never going to be a joint asset and split between you and your ex spouse [Music]