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

Posted on 5/18/24 at 9:58 am to
Posted by baldona
Florida
Member since Feb 2016
21213 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.
Posted by wfallstiger
Wichita Falls, Texas
Member since Jun 2006
11977 posts
Posted on 5/18/24 at 11:02 am to
We were helped by our parents over the years and do the same for our children and grandchildren - It is paying forward that which was done for us. I think it is what family does if in the position to do so.

We are very far from wealthy but a bit here and a bit there has always been appreciated and am grateful we were taught by examples.

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