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Reply to "Husband doesn't want to leave our kids much in inheritence"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]With that amount of money why not create a trust for your children (and descendants?) You can give them $2 million each in inheritance and the remainder can go in the family trust to be used for college tuition or medical expenses for biological or adopted children. [/quote] But why limit it? Smart plan is to gift to kids starting with paid for college and graduate school,[b] fully funding their retirement[/b], first car, downpayment assistance, etc. Best bang for the buck. [/quote] Why not just fully support your kid for everything in their life? Why stop at all of this...pay for their food, kids' private school, going on vacations, utility bills... you name it. I mean, fully funding their retirement? Wouldn't that mean giving them all your money right now?[/quote]
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