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Reply to "trusts and inlaws"
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[quote=Anonymous]You sound controlling anyway. Let them spend money on the kids. As for the trust, you can start by preparing the kids to be financially literate. Just accept that it is going to happen and get your in laws on board so they feel included. Be straightforward about the importance of saving it and being prudent. My grandparents had a trust for me and my sisters at 21 and my dad spent years getting us financially literate and with the right values. It wasn't perfect but it helped. [/quote]
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