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Reply to "moral/ethical dilemma regarding trust fund spending"
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[quote=Anonymous]OP here (to be clear, I'm not the pp who received $300k already to buy a house). I really appreciate the responses. My parents and the rest of the family are very quiet about money, we don't talk about it much. I actually have no clue how much is in the trust, just that it is enough that we don't really ever have to worry about things like college education, retirement, etc (that's not to say that we aren't saving for them ourselves-we are, and aggressively). So for those posters asking why I haven't talked to my dad yet, it's because he's not that open about it. Added to that, I am concerned he'll think I'm shallow for wanting to spend some of the money on a nicer house when we already live in a great one. That's a personal thing, but as he is still alive, he can still pass judgement and disapprove/be disappointed in my choices. That is the last thing I want as I love and respect my father very much. However, it is apparent that I need to have a frank discussion with him regarding the terms of the trust, ask for his advice, and go from there. We are getting ready to re-do our wills in the next 6 months with the birth of our second child, so it's a natural time to talk about it. Thanks to all who provided input (especially the dad, your very tone reminded me of my father!), and for those who enjoyed reading about it, I'm glad I could provide some fantasy; believe me when I say I know full well how incredibly lucky I am, and this is one of the reasons why I am struggling with spending some of the $$ on something that at first glance seems unnecessary. BTW, I fully intend to donate large portions to charity, especially once we get college and potentially private school squared away![/quote]
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