To state the obvious, I was raised with no financial education.
My parents are well off and will fund a future college education for our 15 year old and I will inherit some money and property. That is a long way off though, I hope.
My husband of 28 years is resistant to the idea of getting a will or trust for some reason. This seems not quite right to me. We have no debt. We own one house that we live in and half a house with my parents. HOWEVER, both properties are in his name only, not mine. This is due to some financial idiocy on my part while under the influence of prescription drugs. Said idiocy is over and done with.
What documents should we have in place to protect the assets?
TLDR: Older spouse, teenage kid, property in older spouse's name only.
Submitted March 25, 2019 at 08:45PM by RedditsnoEdits https://ift.tt/2UW98XJ
