Estate question

NDSalesGirl · April 2013

BM has brought up that she wants DH to get a life insurance policy with her and SS as the beneficiary incase something happens to him of 1 million. He is currently paying child support, and is not behind no has he ever been behind. DH has told her that SS will be taken care of, but I will be the one to administer any money to SS and it will not be giving directly to her, but to pay SS's bills. I do know she is able to get a portion of his social security (so am I and DS), but I am just wondering if she can claim any of our joint assets (house, vehicles). We have wills giving everything to eachother in the event of death, but with DH's job so dangerous, I just worry about having to fight BM for our house and assets, and having to sell everything just to pay her what she wants.

Mrs.H. · April 2013

I dont believe she would be able to claim any of the estate herself, but for this reason, we set up a trust for SS. If DH and I were to die together.SS would get everything. Since he was a minor we set up that DH's sister was the trustee.&n

hterry85 · April 2013

I don't know how much she could fight to get, put I was going to suggest the same as PP to set up a trust. If something happens to you and DH together, everything would go to SS, and essentially to BM since he is a minor. If you have a trust you can set a

hopecounts · April 2013

As long as your husband has a will she can not make a claim on the estate.

if he has no will it gets murkier, as his wife you are next of kin and if there is no preexisting will (even an old one that leaves everything to EW would overi

NDSalesGirl · April 2013

We do have it set up so my parents are trusts for both boys if something happens to both DH and I, but she is concerned that she will have to get a job if something happens to DH and wants to make sure that she gets atleast a million. Its not that BM does

Lavender P · April 2013

Unless court ordered, you have no obligation to get a life insurance policy for SS and especially for BM. DH and I have one for that amount and it costs over 200 per month, with each of us as beneficiaries. Also, depending on the type of account you may a

NDSalesGirl · April 2013

MelRC117:

NDSale

Ilumine · April 2013

Given the audacity to actually ASK this, I highly suggest that you contact an estate lawyer.

Get everything worked out now.

HOWEVER, DO NOT TELL HER ANYTHING. All your DH needs to do is tell her that he has taken ca

NDSalesGirl · April 2013

MelRC117:

It would be tempting to send her job applications.

Her parents seem to be enablers. Once she no lon

SimpleJane · April 2013

XH has a life insurance policy payable to the kids, or me if they are still minors. It would help take care of the kids if he were to pass, as he contributes child support now and without something to help supplement that if he died their lives would chan

IfMamaAintHappy · April 2013

DH's CO specifically states that he is required to maintain a life insurance policy to cover his child support obligation for as long as he has the obligation. This is fairly standard around here and any lawyer worth their salt would ask for this

Ginlyn0 · April 2013

IfMamaAintHappy:
DH's CO specifically states that he is required to maintain a life insurance policy to cover his child suppor

fellesferie · April 2013

It's pretty damn presumptuous to ask for a life insurance policy of $1million. Holy crap.

It's my CO that XH and I each maintain a life insurance policy of at least $100k payable to each other.

Lavender P · April 2013

fellesferie:
It's pretty damn presumptuous to ask for a life insurance policy of 1million. Holy crap.

I th

CFjo2010 · April 2013

Ilumine:

Given the audacity to actually ASK this, I highly suggest that you contact an estate lawyer.

Get ev

CFjo2010 · April 2013

dbliesmer:

Thank you for sharing your details and this is not meant as a flame but just curious... So if BM chooses o

Ndsales · April 2013

SimpleJane:
XH has a life insurance policy payable to the kids, or me if they are still minors. It would help take care of the kids

Ndsales · April 2013

I'm not sure if it makes a difference, but dh and bm were never married. regardless, I would take care of ss with the life insurance we currently have, because in Iowa, I would get DH's custody, but child support would stop. Ss is still my child, and I wo

Karma1969 · April 2013

I think you would only get his SSI if you've been married for 10 years. She can get it too but not until she reaches the age of retirement or if she has a disability. The SS would get SSI for sure. I wouldn't tell her anything. I understand that sh

simplaw215 · April 2013

This isn't relevant because you said that you and DH both have wills, but I just wanted to point out that it's not necessarily true that if he dies intestate (without a will) that everything is left to you. It depends entirely on the state. In