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Reply to "We're worried about our son and our grandchildren"
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[quote=Anonymous][quote=Anonymous]If they have a paid-for condo, paid-for school (or free), all they need is food and health insurance. So if you can, I would mail them grocery store gift cards every month for $800 (I know, it's a lot, but we spend that with 3 people - not even boneless chicken breasts or steak either). But DONT BUY WHOLE FOODS - those coin machines pay cash for those, and they will just exchange them for cash. And I would pay (directly to the company) their health insurance if you can - a good one with no annual deductible, just small copays. But that is IT - don't spend another dime on your son and his wife. With a roof over their heads and food on the table, they will just have to get jobs to do anything in their life. they don't need a car, or clothes, nothing else. for holidays, buy the grandkids shoes and clothes. take the MIL kids clothes shopping when you see her. [/quote] And, of course, there's college too. I would leave #2's portion of your estate allllll to a trust for their kids college that #2 can never touch - with some 3rd person as trustee.[/quote]
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