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Reply to "Is it normal to have no idea about family money?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]We have "tens of millions" but live in a modest 3 bedroom home. Our kids share a room, and we don't drive flashy SUVs or anything. That's just not the lifestyle we want, and not how we want to raise our kids. Our kids have no idea. [/quote] Do you have in a charitable trust, or are you planning to have a random heir waste it? [/quote] Really don't get why the are not using some of it now. What's the point of having the money if you don't use some of it. There is a huge difference between living in a modest 3 bedroom home with siblings sharing bedrooms and having a mansion. They could upgrade to a modest X bedroom home (where X equals the number of kids) with a guest room/office and perhaps at least 2.5 to 3 bathrooms. They can still keep the kids grounded without going crazy[/quote]
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