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Reply to "Why should parents split their estates down the middle?"
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[quote=Anonymous][quote=Anonymous]I personally don't get why more money isn't left to the grandchildren. My parents will be in their mid to late 60s when their parents die, AKA already retired. Whereas my cousins are struggling in their early 20s-early 30s with wanting to marry, but having little money; wanting to have a baby, but don't have paid maternity, nor enough money to take 8 weeks unpaid; wanting to move out of a studio apartment, but not money for a downpayment; and still paying off 50k + in student loans. I'm so glad that our parents will each get 500k+,[b] but man it's already hard to see them taking their month long cruises when we don't have paid annual leave even.[/b] (DH and I are doing fine and don't need the money, but cousins could). [/quote] What? Why? Just curious- those are two totally different issues? Of course they should live it up in their retirement and travel, they are literally facing mortality in varying degrees! Having an overbearing corporate culture isn't related to that. And on top of that- they already did their lifetime of work![/quote]
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