• FreeAdvice has a new Terms of Service and Privacy Policy, effective May 25, 2018.
    By continuing to use this site, you are consenting to our Terms of Service and use of cookies.

Keeping my investments safe

  • Thread starter Thread starter amberance
  • Start date Start date

Accident - Bankruptcy - Criminal Law / DUI - Business - Consumer - Employment - Family - Immigration - Real Estate - Tax - Traffic - Wills   Please click a topic or scroll down for more.

A

amberance

Guest
I am in Ohio. I am planning to get married sometime next year. My fiance has been divorced twice, pays child support for oldest son with first wife, and shares custody of youngest three with second wife, although he does give her some money also. I currently have a 401(k) plan as well as a fairly sizeable personal investment portfolio and I make a good salary. I am seeking information on the following issues:

1. Can I protect my investment income and salary from being attached to his earnings in child support calculations? How would I go about doing this?

2. If I have a prenuptual agreement allowing for retention of all of my current assets in the event of a divorce, will that include all future earnings from those investments (interest/dividends)?

3. If I change or add to my personal investment portfolio after my marriage, can I protect those investments under the prenuptual agreement, or under some other agreement?

4. Must my 401(k) beneficiary be an individual, or can I direct that money to a family trust (currently FBO myself and my brother, but will include our children when and if either of us should have any).

I hope I have been clear. Any advice would be greatly appreciated.

Amber
 


I AM ALWAYS LIABLE

Senior Member
My response:

Here's my suggestion - - your questions and issues are far too complicated and convoluted to get into on a Bulletin Board. Surely, with those kinds of assets, you have enough money to see an attorney. I would suggest that you do so, rather than hinging your financial future on a Bulletin Board.

Good luck, and let's hope "Three Time's the Charm".

IAAL
 

Find the Right Lawyer for Your Legal Issue!

Fast, Free, and Confidential
Top