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Reply to "Inheritance/gift to child and spouse or just child?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I mean I get that the inheritance goes just to the child. Its just easier to write it that way anyway. But once it goes to the child, [b]if that adult deems that they won't share that money with the spouse at all or won't use it to pay for joint expenses like childcare etc,[/b] that's a whole different ball game and different issue than the actual inheritance. [/quote] If you need to use inheritance money to pay for normal expenses like childcare, your finances are messed up. Once it goes to the child, the child decides what to do with it. The spouse can provide their .02, but the decision about the money belongs to the person who inherited it.[/quote] Sure, so we are making the same point. It becomes about the relationship, it's not really about how the money was left. Also I think you are in a wealthy bubble if you think all inheretences are so big that they wouldn't go to helping with regular expenses. No one said you couldn't afford childcare without an inheritance, but for many people getting 20k or something allows them to shift resources they would spend on say childcare or part of a mortgage to other things that are needed, etc[/quote] We are not actually making the same point. I think an adult who inherits money can choose no to share that money with the spouse at all and that is absolutely fine.[/quote] We are both saying it's a relationship decision at the end. You keep wanting everyone to agree that it's fine vs not, but that's not the point the point is you leave it to your kids and their relationship will individually dictate what that means in practice[/quote]
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