This inheritance they will move through their own lives along the high road, richly rewarded with stable parents and positive experiences, writes Amy Dickinson.
Dear Amy: My husband and I have four adult children, all in college. I am the main breadwinner as a professional and business owner. My husband makes one-third of my income.
My mother-in-law now wants to transfer the family vacation cottage to my husband, while leaving the rest of her estate to his brother.We have agreed to take this on to keep the cottage in the family. We have been managing and investing in its improvements for the last few years. Our children enjoy it.
If you truly want this cottage, then go ahead with the transfer. But be aware that there are many other cottages out there, offering you and your husband the opportunity to build fresh and unfettered experiences with your children.You cannot control or influence your mother-in-law’s estate planning.
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