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Reply to "Husband doesn't want to leave our kids much in inheritence"
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[quote=Anonymous]Why would he decide for the both of you ? If it was me I would raise hell to convince him (you are correct 2M with inflation is not much). You guys could set up a trust fund and have specifications on the funds being used for education or housing investments etc.. to ensure it is multigenerational and benefit the grand kids too if he is afraid too much would be wasted by the next gen. But if nothing would budge him: I would demand to decide what I do with my half. He can give 7 M to charity but then I would decide what to do with the other 7M and I would make it clear to the children that as their mother I decided that 100% of my half is going to them. And I would start to distribute it now. Discuss with them their projects, see what they need it for. Enjoy while you live the additional happiness that money can bring. More fun times together ? A bigger home that makes them more relaxed? Funding a 529 for their kids ? Tutoring for their children? Paying off their debts? My parents and DH parents have found many ways to help us and we are so grateful and it makes all of us so much closer. We also all donate to charity and care about helping others. But I think parents should do their best to help their kids[/quote]
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