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Reply to "Financial planning when you know you'll be inheriting a trust"
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[quote=Anonymous]Counting on an inheritance is a bad plan. Is it truly a trust, already set up in your name? If it was and you had clear details of it, I'd assume you'd have more clarity on the amount. Plus you'd be able to have access to it sooner. Is it THEIR trust? And you will inherit it? So much can happen with that money between now and then, given long term care expenses, medical expenses in end of life, etc. If it's not already in your name, it isn't yours to count on, and that's the only way I can responsibly give you advice. SO given that, then yes - time for dad to go back to work full time and save like you're not getting the money. [/quote]
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