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Reply to "Is it normal to have no idea about family money?"
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[quote=Anonymous]I don't know much about my family's money. I know my parents have somewhere north of $8 to $10 million, but no idea how much; I know they inherited several million more from my grandparents, but no idea how much; I am aware that I am a beneficiary of some kind of generation-skipping trust that I'll inherit when my father dies, but again, no idea how much. I'm fortunate enough to be able to save for retirement and my kids' college on my own, so anything I inherit one day will just be extra. I don't think this is particularly unusual, and I'd much rather my parents live for decades more than have the money now. I'm fine with the whole arrangement.[/quote]
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