My wife and I both have children from previous marriages. We both want for our children to inherit the proceeds from the sale of the house when we have both died; half to each set of children. What language can we include in our wills to indicate this intent? And, what if the other should...
I am purchasing a car with a CA title from a seller residing in TX. The title is signed by the CA owner, but was never transferred to the TX owner. On the face of the title, the mileage is recorded as 30,867. The seller represents that the mileage is actually 130,867, but the odometer is...
My wife and I currently have children from previous marriages; in my 403(b) retirement account, she along with my two children are named as beneficiaries upon my death - her at 50%, each of my two children at 25%.
She does not have her own retirement account. She would have the remaining asset...
The mortgage is paid solely from her bank account. The funds in that account are derived solely from her wages.
When I posted, I understood that I hadn't "given you anything approaching all of the relevant information". Which is exactly why I asked: What other factors are to be considered...
I am asking this question on behalf of my daughter.
Five years ago, I gifted her with $40K to put a down payment and cover settlement costs on a foreclosed house in a gentrifying neighborhood in Philadelphia. The house was a steal at $140K; it had been renovated, and comps in the neighborhood...