Reply to Teenager about to inherit money outside a trust

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Op, stop with the idea that you will/should financially manage - what will be, an adult.

In 2 years from now. A short amount of time. [/quote]

Seriously? Your will just hands the inheritance over to your kids in a lump sum, no matter what age they are?

My kids are level-headed and not at all materialistic, and they'll still get percentages on milestone birthdays. [/quote]

Np, why is the kid not allowed to make mistakes? Maybe dc wil surprise op and see it as a new beginning. If no strings attached why attach strings? [/quote]

Just like you don't turn your 5 yo loose with the push lawn mower, without any supervision, simply because "They want to".  You don't just "let them learn".  The consequences could be major and bad.  Instead, you guide them, teach them and give them appropriate tasks in the yard and let them use the push mower with you assisting, until you are 100% certain they are capable of it.

But a 16-18 yo who refuses to complete HS, is in therapy and not learning to help themselves from this therapy, hell no.  Any major therapist would tell you that giving them 100K would be a bad idea.  [/quote]

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