Can Your Children’s Spouses Inherit from You? | Milford Will and Trust Lawyer

Franklin A. Drazen

August 24, 2014

Will and trust lawyers in Milford see plenty of situations where parents who love their children are not entirely in love with their children’s spouses. This can make the estate planning process a little tricky, because the spouse can add tension and stir up drama that wouldn’t have been there otherwise. While some people include their sons-and-daughters-in-law in the planning process, it’s not all that unusual to leave them out.

For the most part, the son-in-law or daughter-in-law isn’t even mentioned in the will. They don’t really even have any legal standing to inherit from the parent unless they are specifically named. So, the parent would name his or her own child, but not the child’s spouse. If the adult child was no longer living, the property would probably end up being inherited by the grandchildren, rather than the spouse.

That’s not to say that a child’s spouse couldn’t end up with an inheritance. If the parents were to leave assets to the adult child and then the adult child passed away, his or her property would likely go to the spouse, and that includes what was inherited from the parents. One would hope that this property would eventually be passed on to the grandchildren (assuming there are grandchildren), but this is not a given, as the spouse would have the legal right to do whatever he or she wanted with it. In fact, if the spouse remarried, his or her new spouse would be the legal choice to inherit any property that was left behind, including that which was inherited this way.

So, can a Milford will and trust lawyer keep your child’s spouse out of your plan entirely? Yes! You can work with your attorney to develop an inheritance trust that will protect any money you leave your kids from divorce, lawsuits, and creditors and keeps your money in the family.

Creating an estate plan can be emotional and having the additional drama of a difficult personality certainly won’t help matters any. On the other hand, you may absolutely adore your son-or-daughter-in-law and want to make sure that they are taken care of by your estate. In those cases, you will want to make sure that your estate planning lawyer specifically mentions them and what they are inheriting for your own peace of mind.

For more information or help getting started, please feel free to call our office at (203) 877-7511 to schedule a complimentary planning session with the mention of this article.

<< Back to blog list

Tags

No items found.

Full Service, Total Support

Asset Protection Planning

Business Continuation Planning

Care Coordination

Conservatorship/Guardianship

Disability Planning

Elder Law

Estate Planning

Lawsuit Settlements

LGBT & Non-Traditional Planning

Life Care Planning

Long-Term Care Planning

Ongoing Support Programs

Pet Planning

Probate

Real Estate

Special Needs Planning

Tax/Estate Tax Planning

Trust Administration

Contact Us Today To Get Started!