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[quote=Anonymous][quote=Anonymous]The best generation wealth is money education.  Setting that up something that lasts multiple generations is kinda stupid, esp. considering that your grandkids and beyond don't really give a sh*t about you. You are only paying the banks to manage the trust.

Here are things you can do for your next generation, and to some extent, grandkids. Do what you can from this list to the best of your ability. 
- Down payment on a house
- Front load each grandkid's 529 to the max; In fact, double this so they have money left over for their own kids.
- Pay for grandkids' private school 
- Gift to maximum extent possible each year
- Pay for their vacations and big purchases
- Set up an irrevocable trust that pays out a certain % each month such that it runs out by the time they hit 90 (pick a number); If you have enough money, maybe set one up for each gradkid too, managed by their parents.
- Most importantly, educate them on what you did and ask them to do the same for their next generation. Some will, some won't and you are none the wiser because you'll be gone. At least you've helped the ones you really cared about, your kids and grandkids. Beyond that, C'est la volonté de Dieu.[/quote]

- Give to more deserving people than your spoiled spawn[/quote]

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