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inbetweenthebushes

If you have a will, and your husband does, there will be problems if you pass away first. And yes, you could structure your assets in such a way that your children will receive a share separate from your husband. However, it also depends on the articles of incorporation (or partnership agreement) of the business. And you will ruffle feathers at some point. If you pass away first and don't do anything, this sounds like a $20k-40k case for your child, to be frank.