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Reply to "Living Trust and Will - any recs or things we should remember or include/think about? "
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[quote=Anonymous]Think about whether you want your kids getting their inheritance all at once. We just set up our wills/trusts and we have kids in their early 20s. We set up a schedule so that they will get 25% immediately, 50% at 30 and remainder at 35. This is except for 401ks where they will get about 1/10th per year (with exceptions and in consideration of tax law changes). They are good kids but didn’t want them to deal with getting $4 million in their 20s. [/quote]
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