Q: I know of one woman who in her second marriage now in her 70s has married a man who had previously put everything into a family trust for his now adult children. So the family home and everything is in there, and the woman does not on paper get anything. And another woman who is the second partner but not married of a man who has many assets in a trust, and even after 15 years she can’t talk about it with him. If the men die what is the women’s position re money? What to do? A: Two disturbing situations, which I put to trust and estates lawyer Rhonda Powell for comment. The men you’re referring to may protest that they set up the trusts before they knew the women. But still, they are in the relationships now, and the women are vulnerable. So, these women would only be able to share in property outside the trust,” says Powell.
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