re: Will you will more to your kids than you will inherit from your parents?

My parents yes, my wife's no, wife's parents were bankers for 97 years between them own 12000 acres! No way we can match

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Yes just like my dad did, and his dad did before him. Family money shouldn't be spent, it should be passed on.

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This. Both my parents inherited sizeable estates. They live comfortably, but are not spending money like crazy. They have never felt the need to keep up with the Jones' and have passed those values down to their children. Everything is paid for in cash and if you can't afford to buy it in cash (or on credit but pay off at end of month) then you can't afford it. Ive received a trust as well recently and have not touched the principle and hope never to really have to.
my future kids, If any should do well for themselves.