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Reply to "What percentage of the population do you think has a trust fund?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]My kids don’t even know they have trust funds. [/quote] Same here. We don't plan to tell our kids until at the earliest, college.[/quote] +2[/quote] I have a trust in excess of 10M. My kids do too. I think springing family wealth on them in college is irresponsible at best. [/quote] Well, there's a difference between saying "we have money in a trust that we'll use to pay for your college - don't worry about tuition" and "You have a HUGE trust!" and "Here's that HUGE trust I just told you about five minutes ago." We will make sure our kids know not to worry about tuition, room, board, books, meals. They will have to budget for extras simply so they really learn how to do it when we're not there to hover over them. [/quote]
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