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To: Texas Patriot
I have been through this but assets in a trust by your parents are not considered in divorce. The assets were disclosed in the preceedings but not considered in division. This was in Colorado in 1999/2000.

question: say a parent sets up a trust fund for their child as beneficiary and when they are old enough they can administer it as well. the child gets married and some time later gets divorced. Does the other spouse get half the trust fund? I mean isn't that how the wealthy protect their estates for their children.
87 posted on 03/16/2005 6:42:58 AM PST by CORedneck
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To: CORedneck

Unfortunately many times one spouse really does want to work things out and really does try to make happieness. But the other - "needs to find themself" or some crazy nonsense like that. Why should the straight laced person suffer financially for some dunce with rocks for brains?


89 posted on 03/16/2005 6:49:00 AM PST by chris1 ("Make the other guy die for his country" - George S. Patton Jr.)
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To: CORedneck
Thank you CORedneck now let me ask this question what if the parents seeing that their child's marriage is in serious trouble set up the trust fund and the child does this change things? does anyone know where I can get information on this? thanks again CORedneck
104 posted on 03/16/2005 8:40:01 AM PST by Texas Patriot (Remember.... The Alamo, never forget HOORAHH!!!!!)
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