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Reply to "Husband doesn't want to leave our kids much in inheritence"
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[quote=Anonymous]Why is this solely your husbands decision? I’m team OP. And hopefully you live a very long life and your kids are very well established adults before they inherit anything. My dad’s parents are in their nineties. My grandfather recently passed away. He was very wealthy, and very generous in his lifetime - but his kids are in their late sixties and early seventies and making his kids wealthy is far from the main point of his incredible legacy. My dad is independently very successful, hard working, modest and unspoiled because of values instilled in him. My parents are similar - well off and will help with whatever we need, but we hope they live a long time and that our inheritance is far off. They never speak about it and I know their intention is to divide it amongst their kids so we can have financial security for ourselves or the next generation. Interestingly, my in laws are also wealthy and seem to resent in some ways that their kids could inherit money and not earn it, so I get your DHs mentality. You need to have a talk with your husband about how you both picture financial planning, and how to instill financial responsibility & independence in your kids in early adulthood. In my mid-twenties, it gave me a huge sense of pride when I didn’t need to ask for help with my rent anymore, but I was so appreciative of the help my parents gave me after college to make sure I got on my feet while I was first working.[/quote]
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