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Reply to "When do you tell kids about family money?"
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[quote=Anonymous][quote=Anonymous]People on this forum are such sore losers. This is a genuine question to me. I'm also interested in knowing how people approach this.[/quote] We have money. What is there to approach? This area is full of rich people, some who are showy about it and some who aren’t. The idea that if your kids know they’re rich that they are not gonna work hard is just stupid. Lots of rich kids who know they are rich still work hard. It’s called parenting. God this is a stupid thread. I mean, in OP’s own case, for example, she grew up with money. Right? Her parents are rich. Why can’t she just do what her own parents did? Also, as others have noted, it is really not a given at all that the kids are going to get as much money as OP thinks. Anything can happen. The fat lady has not sung yet. In my own estate planning, we have some people saying we will die with a couple million and we have other people saying we will die with 30 million. So what the hell? [/quote]
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