Reply to If adults kids don’t have kids what’s the point?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I like what my sisters friends rich grandparents did. Set up a trust giving zero to currently living people. Even time a new kid born parents get a check $200k. When that kid graduates a four year college a second check 200k the when that kid has kids more 200k checks.

Giving childless people money 💰 with no metrics attached is useless.

The kids exist to raise educated kids of their own to go on and have more kids.

The trust is inflation adjusted. I am not rich enough to do that. But I can see setting up a trust for future kids and leave none to kids.

I was thinking leaving it all in a trust leaving zero to living people then pay out 1/10 every time a kid born after my death so first kids get a bigger share of pot.

Having kids with no kids is kinda like going to a restaurant and not eating. [/quote]

Ok I don't agree that everyone should have kids or that there is "no point" to having kids if they don't have kids. Just strongly, strongly disagree.

HOWEVER

I do agree that it's kind of weird to leave an adult who is past the age where they might have had kids and didn't, a huge sum of money. What is it for? If you don't have kids, you can work for 30 years (or less if you choose the right field), save intelligently, and have an amazing life where you never really worry about money. If your parents paid for your college education, you're golden. You don't have to worry about buying a house IB for good schools, sending kids to college, paying for braces, helping your kid pay for an apartment while they job hunt, etc. You also don't have to give up career opportunities to be present for your kids, as so many women especially do.

It just makes sense to give more money to adult kids who have kids (or at least give the money directly to the grandkids) than to leave huge sums to childless adults. Why, so they can have really, extra nice retirements? They don't even have anyone to leave the excess to. It makes no sense.

If none of your kids have kids, divide it evenly and let the chips fall. But if some have children and others don't, I do actually think it makes more sense to leave most of it to the people with kids so that money actually helps future generations get an education and get started in life, instead of just helping your adult child buy a vacation home or buy a really nice TV or whatever.[/quote]

This is dumb. My sister has kids, I don’t. My mother divided her money equally between me and my sister. When I die, I’ll leave what remains of my share to my nieces and nephew. So the grandkids will get it either way, just not right away.[/quote]

But what if you didn't intend to leave what remains to your nieces and nephews. Or what if you spend it all on yourself first? If your mom didn't trust you to spend responsibly and to leave it to her grandchildren, she might allocate more money to her child with kids to get a better likelihood that her money gets used for future generations.

Also, one thing to consider is when the money will be passed on. Passing more money [b]onto kids with kids often means that the money goes straight to college or downpayments for grandkids because of the timing. Your nieces and nephews will not be able to use any bequest from you to pay for their educations or to give them a better start in life. [/b]If that's something your mom cared about (and something she was able to provide for you), it would make sense for her to leave more money to your sister or even to put some portion of money into trusts for grandkids, by reducing the shares to you and your sister.[/quote]

Actually I contributed generously to their 529s, but thanks for playing. The fact is that my mother was entitled to allocate her money any way she chose, and she chose to give half to me, because I am her daughter, and equally as worthy as my sister. Your views have literally not one jot of impact or relevance.

*rolls around having wild child free sex in my inheritance money*[/quote]

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