No. of Recommendations: 0
Of course, if I die tomorrow, they will inherit the money and will take care of their mother, but DW will be unable to continue to waste our money in support of criminal enterprises overseas.

It's their money to do with as they wish no matter what your intentions. There are limits to what they can give to your wife as a gift(13K per year from each). After that there are likely issues on dependency and income taxes.

In short, it's not a good solution - talk to a lawyer.
Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
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.