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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I struggle to see how buying the more expensive house is the difference between setting up a trust fund or not. Is the house $2m more than your current house? [/quote] Op here - yes, it's 1.5m more than current house.[/quote] I find it hard to believe there there is no option in between the current option vs. 1.5 million more and a currently livable house. Personally, I'd say better outdoor space and a house that works better for your family is worth an extra cost. I wouldn't care about country clubs or trust funds, but it could be worth keeping the option open for private school-- you don't know what issues may arise that would make private the right choice for a particular child.[/quote]
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