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Reply to "Children Inheriting Large Sums of Money"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Just step way and do not engage. Remove the possibility of this person to pull strings or manipulate with the money. Say “whatever you think is best” if at all confronted with this again. Raise your children well and with financial literacy. Maybe it’ll happen and maybe it won’t. Worry about t when she’s gone and the trust is set up and then talk to a financial advisor or counselor as to how to bring it up with our kids etc. [/quote] This is great advice, OP. Maybe your relative will leave your kids money, and maybe not. She sounds very manipulative and spiteful, so don't be surprised if she leaves it to someone else if she feels slighted by you, for real or imaginary slights. I've seen how destructive last minute will changes and other manipulative moves for large sums of money ($50M+) and (20M+) have been in my family. Just move forward with your life as if your kids aren't getting it, and don't let this relative attach strings to your relationship. Raise your kids to support themselves, then if they get this money they'll be financially responsible. Save for your kids' college so you're not dependent on this relative. The happiest people in my family have ignored this money and don't give in to the whims of the controlling people who have it. The ones who keep hanging on and letting others manipulate them like a marionette are desperate, aren't able to support themselves, and lead generally miserable lives. Good luck OP, and I'm sorry you're experiencing these issues. It's so destructive and can put a cloud over your whole life if you let it.[/quote] As someone with a terrible relative who tries to use money to control people, I could not agree more with both PPs. Seriously, dont engage with your aunt about this at all.[/quote]
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