Jerry Taylor explains how a surviving spouse's remarriage can redirect a decedent's wealth to the new spouse's children instead of the original heirs. A single trust clause limiting the spouse's interest to her lifetime prevents this outcome entirely.
Chapters
You know that money you work so hard for all your life? Well, it might just end up going to another man's children. Not your children, his children. And here's how it happens. You die first, and then your wife remarries. But then your wife, in her new marriage, dies first. Her new husband inherits everything, and at his death, he sent it all to his kids. And that's how your life's work ends up funding another family's future. And it happens all the time. It's all completely legal. And it's all completely preventable. One paragraph in his trust could have avoided all of that. Just a provision that says your wife gets everything she needs for so long as she's alive. But at her death, the money doesn't go to her new husband, it goes to your kids. So if you want to learn more about this and other ways to protect your family from this kind of thing ever happening, comment the word protection, and you will learn how to make your family's inheritance airtight.