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Reply to "Giving kids a down payment "
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[quote=Anonymous]My partner and I have debated this heavily. Our parents paid for college so we had no loans, but otherwise we had to figure it all out ourselves. Our careers did very well and our (now young) kids would each inherit 10M by default, but that would probably just mess them up really bad. We both know plenty of helpless trust fund babies. We want to pay for college, but I'm not sure about house down payments. We want our kids to live within their means and have careers of their own. Unless they grow up to be very responsible and successful themselves we plan to just donate our fortune to charity instead of leaving the kids millions. [/quote]
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