Reply to Husband doesn't want to leave our kids much in inheritence

Forum Index » Money and Finances

Reply to "Husband doesn't want to leave our kids much in inheritence"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]A lot of charities don’t really do anything.[/quote]

As opposed to people with inherited wealth, the heroes of America's story.[/quote]

I mean, I would rather see it go to charity then passed on as inherited wealth. But I seriously cannon wrap my head around why someone would spend their prime years doing the kind of work necessary to amass this kind of money, then NOT want to leave it to your kids? I know four people with wealth on this scale (estates between 10mil-40 mil) and they basically ruined their homelives to get it. Three (the men) worked 24/7 while their SAHW coped with everything, even after serious health issues. One (the woman) basically abandoned her kids to their dad and moved to another city.

I get wanting to make sure your own kids work hard and have motivated. But why TFFFFF did they spend decades frankly neglecting their families to accumulate all of that?[/quote]

I'm not seeing how leaving your kids more money than they could reasonably need addresses the problem of absentee parenting. [/quote]

Because if you start gifting it to them in their 20s/30s/40s, they can have a good life and not have to join the crazy rat race of working 80+ hours per week and traveling 3 weeks out of the month.  They can have a good career and bit more work life balance and still live in a nice home with good schools.  They don't have to worry about maximizing retirement savings because that is covered.

[/quote]

Nobody achieves great success without putting in the work.  I don't want my kids thinking they can just work a crappy middle management job because of free money.  I would rather they see the financial cushion as a reason they can take a chance on that start-up (which BTW is going to require 100+ hour work weeks) because they don't need to just work a job.

We may be doing the same things, but sounds for nearly opposite reasons.

[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics