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Reply to "Do you have a trust fund?"
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[quote=Anonymous]I don't but my in-laws do. My FIL never had to work but held jobs heading various non-profits until he retired at 55. My MIL was a SAHM. When they pass, the principle will be divided between DH and his brother. DH share will be around 12 mil at current value. DH will be working until he reaches retirement age and he has always maxed out his retirement so even w/o the inheritance, we should be very comfortable. We're hoping to leave most of the money to our child since it's his legacy. His 529s are currently maxed out for private colleges and any grad schools but we have no intention of telling him about the money. We want him to work hard at school and get a job and be able to support himself. [/quote]
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