Reply to How Much of an Inheritance is Too Much for Kids

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Enough to do anything they want with their lives. Not so much that they can do nothing.[/quote]

This is the truest statement. So the answer, Op, is $2-3m. They would still need to work - but could live incredibly well even on a teacher or hairdresser's salary if that's the field they chose. More than $5 million and believe me, they will do nothing. My most worthless manchild cousins are the ones who received $10M -- unemployed, not involved in the community, and still cry to mommy for more. [/quote]

Thank your giving thoughtful feedback. But how do I discourage them from taking a low paying job and making up for it with the inheritance. If they are not capable of working in a higher paying jobs it’s fine, but I don’t want a lazy smart kid to rely on the money. [/quote]

There are plenty of worthwhile "low paying" jobs. And ones that really matter to society at that. And don't try to control them with money. Either give it to them or don't. [/quote]

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