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Old 12-29-2007, 02:34 PM
Matilda Matilda is offline
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Quote:
Originally Posted by Hillbilly View Post
Matty: It's very easy

Everything you two have acquired (or brought to the marriage,)since you have been married is divided 50-50: 50% to you and 50 amongst the kids....where ever and whoever they are.
Like I said before, your hubby can give away up to 25% of his estate...according to Dr. Guzman...

HB

I do believe that there are some exemptions like land....

Thanks Hillbilly.

So if I get this right, the fact that the main amount of cash is the house and the business, and they were bought before the marriage, if I have those in my name only rather than joint, then they just get to share the remaining pieces of land we have, which were bought after the marriage. And if my husband wills me 25%, then I just have to give them half of them less 25%, so in fact I only have to give them 25% of the land which was purchased after we got married???

And, according to Pichardo, it looks like as long as I 'look after' them I don't actually have to give them the cash straight away?

Matilda
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