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Reply to "Establishing lifetime trust accounts for young adult children "
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[quote=Anonymous]we have about half of OPs $$$. But we prefer to pay downpayment, business seed money, and car, rather than just $5,000 per month or whatever which can just get pissed away on daily expanses. We make sure each kid gets at least $30k annually (into Roth accounts if kid does not otherwise have a big expenditure that year). So far the young adults are high achievers and seem to take nothing for granted. Oh, we also invite them on our really nice vacations 1-3 times a year. If they can make it, we pay all expenses. [/quote]
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