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29.01.2012, 17:39
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| | | Re: Reversing an adoption of 2 children | Quote: | |  | | | Yes, they do.
And all if you aren't married, though, if you do a will, you can give away 1/4, and they get the rest.
Tom | | | | | Curious what the history is behind this. I can't imagine that there was a widespread problem of children being disinherited by their parents in sunny old Switzerland.
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29.01.2012, 17:43
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| | | Re: Reversing an adoption of 2 children | Quote: | |  | | | Curious what the history is behind this. I can't imagine that there was a widespread problem of children being disinherited by their parents in sunny old Switzerland. | | | | | Italy's the same, and I imagine most of the other neighbors, it's not just here.
Also, it's not just children, it's also the spouse who is guaranteed. Not the case in the US, and especially important here as it is possible (and common) to NOT have shared marital assets!
Tom
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29.01.2012, 17:49
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| | | Re: Reversing an adoption of 2 children
Disclaimer: This next comment is not directed at the OP or anyone who has posted to the thread
I find it morbidly fascinating to see peoples carefully crafted veneers peeled away when such things start to happen. You see the person for who they really are when they fight over the bones of their parents. In this case, as sadly in many others, it's started while the parents are still around. Often the parents are at an advanced age where they are no longer able to stand up for themselves like they used to and are caught between the warring parties.
If they didn't raise them to be this way, or they didn't live their lives showing their children how not to be greedy and selfish, it's hard to imagine them enjoying their last months/years with that happening around them. If they did raise them to be like that or taught them through their own actions to be greedy and/or selfish, well the old saying of you reap what you sow applies.
This nicely fits with what I think of such people
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29.01.2012, 17:54
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| | | Re: Reversing an adoption of 2 children | Quote: | |  | | | Italy's the same, and I imagine most of the other neighbors, it's not just here.
Also, it's not just children, it's also the spouse who is guaranteed. Not the case in the US, and especially important here as it is possible (and common) to NOT have shared marital assets!
Tom | | | | | It's kind of interesting. I can see it evolving out of a history of there being absolutely no protections for ones spouse and children and dad giving everything, say, to a mistress. Seems kind of like a blunt instrument applied to fixing a watch these days though.
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29.01.2012, 18:03
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| | | Re: Reversing an adoption of 2 children | Quote: | |  | | | Nope, your parents are spending THEIR money, lol, just the same as we are.
If if there is anything left for you kids- hurrah and Good luck to you (only if, and only when lol) Santé | | | | | Well of course they're spending their money, which is my inheritance. I hope they manage to do it. | Quote: | |  | | | It's kind of interesting. I can see it evolving out of a history of there being absolutely no protections for ones spouse and children and dad giving everything, say, to a mistress. Seems kind of like a blunt instrument applied to fixing a watch these days though. | | | | | It's part of the Napoleonic code, so everywhere Napolean had influence, you'll find this law.
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29.01.2012, 18:19
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| | | Re: Reversing an adoption of 2 children | Quote: | |  | | | If they didn't raise them to be this way, or they didn't live their lives showing their children how not to be greedy and selfish, it's hard to imagine them enjoying their last months/years with that happening around them. If they did raise them to be like that or taught them through their own actions to be greedy and/or selfish, well the old saying of you reap what you sow applies. | | | | | Power corrupts. Utter power corrupts utterly. With money it's much the same. I think most folk have honorable intentions and clear consciences until the time comes that they actually see the chance to get something for nothing. I assure you that the veneer of honestly, fairness and a generous nature can wear thin very, very fast when the chips are down. I'm sure not throwing any stones while I still live in a glass house!
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29.01.2012, 18:23
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| | | Re: Reversing an adoption of 2 children | Quote: | |  | | | It's kind of interesting. I can see it evolving out of a history of there being absolutely no protections for ones spouse and children and dad giving everything, say, to a mistress. Seems kind of like a blunt instrument applied to fixing a watch these days though. | | | | | not really, it makes sense to try to keep at least part of the family assets within the family from generation to generation, to ultimately maintain social order.
otherwise there would be an excess of dog shelters with 5-star hotel standard and mistresses hunting for rich men all over the place, while widows and children are left homeless (and ultimately to be supported by the community)
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29.01.2012, 18:31
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| | | Re: Reversing an adoption of 2 children | Quote: | |  | | | I find this reverse adoption story as repulsive as someone who adopt a child and decide it doesn't work and wants to send him back to his country. | | | | | Agreed. There was something else in the paper recently which I also found quite repulsive. A guy found out after 29 years that his daughter is not "really" his daughter but someone else's. He has decided to have nothing to do with either his wife or his daughter. Being mad at his wife I can understand. What I can't understand is, after 29 years of being someone's Dad, just dropping her like a hot potato considering that she was neither party to the original act or a knowing accomplice. Really, really sad....
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29.01.2012, 18:53
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| | | Re: Reversing an adoption of 2 children | Quote: | |  | | | Power corrupts... | | | | | Said the mod. | Quote: | |  | | | Agreed. There was something else in the paper recently which I also found quite repulsive. A guy found out after 29 years that his daughter is not "really" his daughter but someone else's. He has decided to have nothing to do with either his wife or his daughter. Being mad at his wife I can understand. What I can't understand is, after 29 years of being someone's Dad, just dropping her like a hot potato considering that she was neither party to the original act or a knowing accomplice. Really, really sad.... | | | | | I guess their relationship (at least on his side) wasn't based on a real relationship, perhaps more on obligation. Having two daughters myself, I can't fathom it.
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29.01.2012, 19:10
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| | | Re: Reversing an adoption of 2 children | Quote: | |  | | | Utter power corrupts utterly. | | | | | I love this sentence, so literary. and true.
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29.01.2012, 20:27
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| | | Re: Reversing an adoption of 2 children | Quote: | |  | | | So, just out of curiostiy, what happens here if your kids (adopted or otherwise) are lay about losers (oh, heck, lets add drug addicts to the pot) and you decide you'd rather give all your money to a worthy charity rather than enable their behavior with your lifetime of hard work and savings? They still get half? | | | | | Easy: Leave the money in a Trust account, to be used as and when needed for the wellbeing of that person, with additions to the will that also provides for wellbeing of the offspring of that person. You can specify the items for which the trustees can release money, eg: for education, medical bills, and not as a general allowance or gift.
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30.01.2012, 13:52
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| | | Re: Reversing an adoption of 2 children | Quote: | |  | | |
He is worth a few million, most of it in property.
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| | | | | If he is worth a few million then surely his natural children could afford to be generous and to share the inheritance. Or didn't they learn about sharing during childhood?
Think if my children approached me with a similar request, they would be the first to have their inheritance reduced.
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30.01.2012, 16:37
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| | | Re: Reversing an adoption of 2 children | Quote: | |  | | | Easy: Leave the money in a Trust account, to be used as and when needed for the wellbeing of that person, with additions to the will that also provides for wellbeing of the offspring of that person. You can specify the items for which the trustees can release money, eg: for education, medical bills, and not as a general allowance or gift. | | | | | That does not work if your Swiss, you have to abide by the laws of Switzerland.
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30.01.2012, 21:25
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| | | Re: Reversing an adoption of 2 children | Quote: | |  | | | That does not work if your Swiss, you have to abide by the laws of Switzerland. | | | | | Trust accounts are not legal in Switzerland? No Family Trust funds? Maybe they were not deemed necessary in the days of anonymous, undeclared numbered bank accounts.
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30.01.2012, 21:38
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| | | Re: Reversing an adoption of 2 children | Quote: | |  | | | Trust accounts are not legal in Switzerland? No Family Trust funds? Maybe they were not deemed necessary in the days of anonymous, undeclared numbered bank accounts. | | | | |
They don't exist for 'Swiss' as they dont have a choice of how to dispose of their assets , any body being 'short changed' could go to court to get 'their legal entitlement
Nothing has changed, numbered accounts were never anonymous, the bank knew the owner. It's up to any taxpayer to choose if they declaire an account, it does not have to be numbered not to be mentioned!
Of course you can give someone power of attorney that specifically does not end on your death, you don't need to tell the person about the account during your life time, so there are indeed ways around the 'problem' as long as it's kept quiet & you trust your Lawyer to pass on the info after your death.
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