Parents buying property for their children: Be careful it doesn't become "marital property"! - Attorney Si Yang

Do hardworking parents in the United States also have this kind of worry?

What if the house I worked so hard to buy for my child becomes marital property after he gets married, or even has to be divided in half?

Actually, many people share this concern, so it's not surprising! In this video, Si Yang, Esq., a senior lawyer from our firm, will use a simple approach to tell everyone three practical and reassuring methods to protect your child's property:

✅ Have your child sign a prenuptial agreement beforehand.

✅ Using loans to buy a house for your child

✅ Put the house in a trust and let your parents control it.

💡 Want to know the safest way to operate? Remember to click on the video to learn!

chapter

00:00 Divorce proceedings and property division: costing over US$200,000!

00:33 If a house is bought in a child's name, how can I ensure that it will not be divided in the child's future marriage?

01:24 Method 1: Sign a prenuptial or postnuptial agreement

01:50 Method Two: Parents draw up a loan agreement

03:00 Method 3: Parents establish a trust, and the property is purchased under the trust's name.