Quote:
Originally Posted by DrPhil
Does this safety measure include divorce or only death?
|
That portion covers only death.
The divorce portion I believe is quite simple (well, in theory) - listing of major assets/accounts, and whoever has what prior to marriage has that after (if it's still around). For joint acquisitions, they have a 50/50 split if they can.
This is because they're retired so while they don't necessarily have a tight budget, it is a fixed income. So there won't be any "I put you through school and now you make X amount of money."
I know they worked on it for a really long time.
They seem happy with it, so I'm happy with it. None of that stuff is "mine" anyway - my dad already gave me a lot of things that were my mom's that hold more sentimental value than her life insurance payout.
That was for him.