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Reply to "How much is considered generational wealth? "
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[quote=Anonymous][quote=Anonymous]I’m a nanny and my family is kind of wealthy. My Mum bought me a condo and I will inherit about 5 million. I have a brother and he will inherit a bit less, as my parents are splitting his half with him and his kids. I’m 40+ no kids, single. My brother thinks this is super unfair- we have no relationship. I’m really grateful for my parents because their gift allows me to do a low income job which brings me so much joy. I’ve been with my current nanny family for 11 years and plan to leave half to my nieces and nephews (to carry on the family money) and the other half to my nanny kids- who are like family or me. My parents support this plan, as they understand I love these kids like my own. [/quote] Congratulations! Awesome plan! Since you are giving away money to kids who I assume have well-off parents, I'd ask you to consider leaving some of your money to the poor and needy. [/quote]
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