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Reply to "Children Inheriting Large Sums of Money"
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[quote=Anonymous][quote=Anonymous]I inherited a lot when I turned 18. My father offered to manage it for me. Relieved, I said, "Okay!" and skipped off into the sunset. He set me up with a monthly allowance for the first year, and paid for college for me. Then the second year he gave me a a semester allowance, then a yearly allowance. [/quote] This would have been me too. I trusted my parents WAY more than I did myself at that age. If they said "we're going to manage this for you, please sign here to allow that" I wouldn't have batted an eye. It would not have even occurred to me to do anything different at 18 because I still felt like a kid! Also my parents are trustworthy and I knew that.[/quote]
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