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re: Anyone have a trust fund or receive money from parents?

Posted on 5/17/24 at 9:13 pm to
Posted by DiamondDog
Louisiana
Member since Nov 2019
10677 posts
Posted on 5/17/24 at 9:13 pm to
No but thats the plan for my kids.

They aren't raised in wealth but they'll he given quite a bit when I pass. Probably freak them out I expect.

I plan to work until I'm 70. Years 65-70 the two kids will split my salary.
This post was edited on 5/17/24 at 9:17 pm
Posted by SlidellCajun
Slidell la
Member since May 2019
10613 posts
Posted on 5/18/24 at 6:45 am to
They aren't raised in wealth but they'll he given quite a bit when I pass. Probably freak them out I expect.
quote:

They aren't raised in wealth but they'll he given quite a bit when I pass. Probably freak them out I expect.



How much?
Posted by lynxcat
Member since Jan 2008
24254 posts
Posted on 5/18/24 at 7:28 am to
quote:

DiamondDog


Why wait until you die? The money is more useful to them now.
Posted by baldona
Florida
Member since Feb 2016
20634 posts
Posted on 5/18/24 at 9:58 am to
quote:


No but thats the plan for my kids.

They aren't raised in wealth but they'll he given quite a bit when I pass. Probably freak them out I expect.


Why would you not have some discussions with them? Do some things to enjoy with them, a nice vacation a year or something like that.

My wife's father is wealthy and he has routine talks (frankly too many) on how to to keep the golden goose alive and enjoy the eggs.

I just don't think a huge surprise like that makes sense, for one they may not understand why you were so cheap at times and anger them. Better to talk and help them understand while you are alive imo.
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