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Reply to "How to make sure child of sibling inherits?"
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[quote=Anonymous]My sisters friend is super rich old money. She only inherits money once married in Catholic Church to kids Bapitized Catholic as long as she is over the age of 30 and has a college degree. Money left over goes to next generations. And in trust if spouse divorces gets zero. Left over money goes to next generation same rules. Was prety big. I recall she was getting in the early 1990s $200,000 per kid and college paid for the kid. She also got a set check also upon college graduation, upon first home purchase, marriage in Catholic Church, and for each Sarcrament for kids, Baptism, Communion and Confirmation. She had five kids. I liked it. It just skips Deadbeats and the pot is invested by Brown Brothers and professionally managed in the right stock/bond mix and keeps growing. It should last maybe forever. [/quote]
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