RE: Legal Issues concerning LTR slaves (Full Version)

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Fetters4U -> RE: Legal Issues concerning LTR slaves (6/21/2011 5:26:46 AM)

quote:

ORIGINAL: RedMagic1
As an aside, I have spoken to a couple women who lost interest when I told them they would work a part time job and that money would go into an account which would be a cushion for them in case the relationship ended. They wanted to be owned property with no assets or strings. I imagine they found men who provided that for them.

Yes, I have met someone like this too. She is/was the most aggressively dominant person I have spoken to on this site -- a major ALPHA personality with a hair trigger temper. Her profile read TPE slave. Some wealthy Master is in for a big surprise.




Fetters4U -> RE: Legal Issues concerning LTR slaves (6/21/2011 5:51:56 AM)

quote:

ORIGINAL: NuevaVida
I actually feel such considerations are no different than any two (or more) people entering a live-in relationship.  These are things everyone should talk about and work out.

That said, the Mister & I are talking about moving me in.  He has a teen kid to look after, and I expect all his inheritance, etc, would go to her.  I would be disappointed and surprised if it didn't.  I'll still work, and he's made it clear that my income will go into a savings, to rebuild the nest egg I lost during my divorce. If we split, I'll have adequate funds, and if we don't, we'll have an even better retirement.

I would have no interest in taking his daughter's inheritance if we were to split.  That would be pretty evil of me.

As for medical decisions and what not - he makes those decisions for me now, even living apart.

Yes, even vanilla marriages need a durable power of attorney, a medical directive, and wills. However, the laws are built to support marriage, so you can get by without in a pinch. The M/s relationship is neither understood nor supported by the law. You may take his medical advice, but when you are unconscious in an emergency room, he better have the paperwork or he will be ignored. Your next-of-kin, who may well be your cousin Marv that you last saw when you were six, is now your medical representative. Go figure.

Remember situations change. You have health issues and can't work. The daughter marries a rich guy and has a career of her own. Many years pass. Now it would be pretty evil of her to take your inheritance. Hope for the best and prepare for the worst is the best advice.




Fetters4U -> RE: Legal Issues concerning LTR slaves (6/21/2011 6:06:29 AM)

quote:

ORIGINAL: leadership527
Then here is my [unsolicited] advice. This is the internet. No matter WHAT you post, some people are going to disagree. Some of them will do so rudely. Don't let that stop you. One of the people I most respect is a young male who admittedly never had any actual experience and wasn't in a life position to get that experience. But man, he seemed pretty smart to me. I know for a fact I'm not alone in that assessment.

Just be aware that you will inevitably post some stupid things that you will later regret. I've got a whole laundry list of "Oh man, I can't believe I said that" posts from a few years back. Pretty much everyone forgave me for my idiocy.


It would have been tough if my first serious post had been slapped down hard. Chances are, I would not have posted again. Rest assured, I have plenty of idiocy -- more than enough to spare. I am sure everyone will get an opportunity for forgiveness.




Fetters4U -> RE: Legal Issues concerning LTR slaves (6/21/2011 6:11:03 AM)

quote:

ORIGINAL: peppermint
Actually neither of us works.  He's retired.  I quit 5 years ago to be with him.  I have a small tax free annuity that will continue until I die.  Neither one of us has a lot of money.  The main reason why we avoid marriage is that I would lose all my medical benefits if I married.  If I had to buy medical insurance at my age with my health problems it would probably cost me $700+ a month. 

That's a great reason. Good job you thought of the future and checked things out.





ChatteParfaitt -> RE: Legal Issues concerning LTR slaves (6/21/2011 7:36:14 AM)

For the OP: A great set of questions for discussion on matters that are less than sexy, but still need to be addressed.

This is most especially true as partners age and have more potential for medical issues.

In theory everyone needs health insurance, and all non-legally-married couples need a plan in place in case of a medical emergency or death. Yes this is not something we as a couple have specifically dealt with; neither of us has an easy time contemplating the other extremely ill or dead.

Thank you Fetters, for reminding me how very silly (and unpractical) that attitude is.

Now, how about some websites that might help me through some of these legal tangles. Any recommendations?




DesFIP -> RE: Legal Issues concerning LTR slaves (6/21/2011 8:06:13 AM)

quote:

ORIGINAL: NuevaVida



That said, the Mister & I are talking about moving me in.  He has a teen kid to look after, and I expect all his inheritance, etc, would go to her.  I would be disappointed and surprised if it didn't.  I'll still work, and he's made it clear that my income will go into a savings, to rebuild the nest egg I lost during my divorce. If we split, I'll have adequate funds, and if we don't, we'll have an even better retirement.

I would have no interest in taking his daughter's inheritance if we were to split.  That would be pretty evil of me.


One of the more common ways to protect a second spouse and children of the first marriage is for the will to state that the partner gets to live in the house until his/her death, at which time it is sold and the monies go to the children.Usually all liquid assets go into a trust. The spouse gets the income during his/her lifetime and the children get it after his/her death.

Should the house be sold prior to the death of the spouse, the money goes into the trust.

Obviously if the new spouse provided half the money to buy the house, then the trust would split the money between both sides' heirs.






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