Message Font: Serif | Sans-Serif
No. of Recommendations: 0
Look at your needs and desires and set up your accounts to meet those needs.

We married in our 40's and I have a son by a prior marriage. I have an interest in keeping my pre and post marrage assets clearly separate. So we have separate pre-marital IRA's, separate post-marital IRA's, separate pre-marital brokerage accounts, joint post-marital brokerage accounts, joint rental property purchased with identified separate and common funds all wrapped up in a living trust which protects both my son's and wife's competing needs.

Complex, yes, expensive, not really, required, for me, yes.

Print the post  


When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.