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Reply to "If you knew you would inherit $6M, would you do things different?"
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[quote=Anonymous]If you KNEW you were going to inherit it, you would have already inherited it. I have a trust with eight million. It's mine. I am the beneficiary and the trustee. Yes, I do things differently. I mostly do pro bono work - enough to keep up my skills so I can hopefully get a job again if someone Bernie Madoffs me or something. You seem to be referring to money now owned by your parents that you hope to inherit. Anything could happen to that money. Like, your parents could spend it on elder care, which can cost hundreds of thousands a year. One could die and the other could get remarried and change the will or take lots of money out of the trust. No, you should not count on inheriting that. Keep earning and saving your own money and if you inherit it, it will be a nice bonus.[/quote]
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