If you and your spouse died tomorrow how much would each child inherit?
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Anonymous
| Enough |
Anonymous
|
1.5 million life insurance
2 million pensions and 401K 1.7 cash and stocks taxable accounts Three homes. My pied a tier in NYC, my beach house and my mansion in Potomac Three cars, once again each kid can take one I have three kids so only fair to have three homes and three cars so each can get one. |
Anonymous
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Not much.
My trust only gives them living expenses, an allowance and college until they are 30. At 30 they can only access 1/2 of the assets. That would be about 1M each. They are given access to the rest when they are 38. It would grow so another $1M each. |
Anonymous
| There are a lot of financially illiterate people here. Life insurance is not inheritance. |
Anonymous
| 1 toddler, 1 newborn. They'd have to sell the house to get the money. We have 200k liquid, 400k in our house, 300k in 401k, 100k in life insurance. We're 31 so they wouldn't get much. My parents would move into our house and raise them and my parents are still working (better jobs than us). Maybe inlaws would help too. |
Anonymous
"Inherit" is the wrong word, but heirs do get the life insurance money |
Anonymous
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One DS between life insurance and net worth, about 3M.
We have a will and a trust. I hope everyone has done that. |
Anonymous
| Three young adult kids. They would each get a lot more than they could imagine! They know we have set up irrevocable trusts and what the trusts are designed for but we haven't told them how much is in them. |
Anonymous
Informative. |
Anonymous
| A million? |
Anonymous
+1,000,000 |
Anonymous
| Enough for private collage, to pay off the house ($950k range) and about another half-million each. |
Anonymous
| About 1.5 each after the mortgage is paid off. |
Anonymous
Weird, I thought it was more in line with life insurance. I guess I read it right after the life gets insurance thread. |
Anonymous
yawn, yet another humble brag thread 
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