welcome
MarketWatch

MarketWatch

Business

Business & Economics

My life partner is 18 years my senior. He wants to leave his $4.5 million fortune to me — not his two kids. Do we tell them?

MarketWatch
Summary
Nutrition label

65% Informative

He wants to leave everything to me, excluding his adult children, as he knows they would buy a yacht and starve.

As I don’t have kids, it’s hard for me to weigh in fairly.

I’m not comfortable with the tax burden as well as the emotional burden it would leave behind.

Given that he is leaving you a small fortune, I suggest you tie the knot.

Inheritances are not considered ordinary income by the IRS , but subsequent earnings on inherited assets, including interest income and dividends, are taxable.

You could also roll your husband’s assets into your own 401(k) or IRA.

Any trust set up by your partner/husband or you during your lifetime could also make provisions for your partner's grandchildren.

VR Score

68

Informative language

69

Neutral language

27

Article tone

informal

Language

English

Language complexity

40

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

long-living

External references

no external sources

Source diversity

no sources

Affiliate links

no affiliate links