Reply to Why do so many of you NW adults have Trust Funds or get parental help?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I don't live in NW, but my parents died young and left me their money.  What would you suggest I do?[/quote]

Then why are you posting?

duh[/quote]

Because according to some I guess I'm a leech. So stupid. It's the parents' choice. Where is the line drawn? Are birthday gifts of cash ok? Contributions to 529s? I especially love the "my parents paid for private school and college and now I do it alone!" posters. You CAN do it alone because you had parental help! I don't think there's anything wrong with accepting it if it's offered but don't be all high and mighty about how you've made it on your own.[/quote]

No, you're in a totally different category. I am an only child who will inherit whatever is left.  I will sell my parents' house, make a clean profit from that b/c it's paid off, and I'll inherit all their assets as well.  However, my mother, who's still alive and kicking quite well, will live a good long life!  So I don't bank on any of that money.  I expect her to use it to keep herself happy.  So whatever is left is mine.

again - different category

For the rest on this board, I can't wait until their kids grow up and to turn on them.  What goes around comes around - and bites you in the ass!   [/quote]

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