Exactly, it's bad enough when it's the person who married in to the family that ends up getting some of what you intended as a gift for your child. Even worse, when the child themselves becomes part of the problem. I know instances where father gave significant portion of block of land so child & spouse would have a nice place to build house & raise family. They built house, lived there a while & then sold everything without even discussing with him. Leaving him with neighbors, etc., that he never wanted. (He wouldn't have sold off the land to anyone else). The way he had split the land left the portion he retained devalued. He got screwed all the way around simply by trying to be a generous father.I observed this up close with a guy at work. His father died and did not leave a will and the five children just about got in knife fights over it.
Have heard plenty of examples as regards divorces depending on what state it is in.
Guy at work got divorced in california and got totally worked; ended up paying 60% of his income in alimony and child support. He literally could not afford to live and had to go back and live with his elderly mother.
I thought about letting them live in it, rent free and leave it in my estate. Only thing is she wouldn't get the 100k homestead exemption. She's my only one, so she'll get it all eventually. LolCan you "gift" her the house but keep it in your name?
The most important one, too.The only ring he will earn.
Dak "Diddy" Prescott!! LolI mean we’ve never heard of him being a scumbag….
She's gonna love the house, but what the hell is a " good size annually"?Lol! My daughter is getting married in January...I'm gifting her a house and a good size annually.....I've thought about her getting one....My wife said, NO! That was that...
Double wide or single wide?Dude grew up in a trailer in a dumpy town in Louisiana. Dreams do come true
I meant annuity...She's gonna love the house, but what the hell is a " good size annually"?
Triple wide!!Double wide or single wide?
Size matters
Getting close to a tie with TRomo rings. Way to go Dak.The only ring he will earn.
Best thing I ever did was get married.Marriage saved my life, gave me direction and focus...good for them.
Yeah we did lol. People just thought it was funny until me too came around and told them drugging women isn’t.We never heard it about Bill Cosby either.