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Reply to "If you are rich, not just upper middle class"
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[quote=Anonymous]We are UHNW and our three adult children are all doing very well on their own. I believe we instilled in them from early on that doing well in school, working hard and making it on your own builds character. Ultimately they will inherit a lot of money and they likely will allow it to build for their children and grandchildren. Yes, we are generous with annual gifting and 529 plans and we have provided short term bridge loans to buy homes but they do just fine on their own.[/quote]
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