Leaving Money to Kids

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  #16  
Old 03-01-2020, 07:14 PM
ColdNoMore ColdNoMore is offline
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My children have been told from the time they were old enough to understand, and many times since, that my attitude is..."May the last check bounce."

I want them working for everything...and not to expect a cent.


They are going to be very shocked, that it was simply me...playing my last joke on them.






Equally, because I couldn't even imagine that kind of manipulation, or them thinking...one was loved more than the others.
  #17  
Old 03-01-2020, 07:56 PM
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kcrazorbackfan kcrazorbackfan is offline
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Quote:
Originally Posted by Madelaine Amee View Post
I have two incredible boys and they get half each right down the middle and they know it. They have never, ever been a problem, they work their "buns" off to provide for their children and they may have to take care of one of us ............. no one deserves it more than they do.
Same here. I have a son that is with the KCPD Street Narcotics Unit SWAT Team and a daughter that is an Associate Professor at Arkansas Tech University working on her PHd; both have always been straight arrow solid gold, are great parents and rarely have ever asked for anything.

I grew up poor so I made it a point to work hard all my life (and still do), save and invest as much as much as I could (and still do) so my kids and grandkids would have things I never did.
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  #18  
Old 03-01-2020, 09:14 PM
patfla06 patfla06 is offline
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I plan on leaving our Son (an only child) everything.
He is successful and very astute with money.
He’s always been a wonderful Son and will be responsible.
We set up college funds for our granddaughters.
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Last edited by patfla06; 03-02-2020 at 02:42 PM.
  #19  
Old 03-01-2020, 09:37 PM
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CFrance CFrance is offline
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Quote:
Originally Posted by Madelaine Amee View Post
I have two incredible boys and they get half each right down the middle and they know it. They have never, ever been a problem, they work their "buns" off to provide for their children and they may have to take care of one of us ............. no one deserves it more than they do.
Same here. Our two boys worked hard and do not squander their earnings. They are a delight to us.
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  #20  
Old 03-02-2020, 07:10 AM
raney3099 raney3099 is offline
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I say whatever is left after you enjoy your life to the fullest absolutely. I hear too many people who don’t want to spend money and are only interested in paying off their house and saving for their their kids to have. I will do whatever I choose enjoy my life, do a reverse mortgage if I have to, and then and only then will they get the balance. Been working since I’m a teenager and nothing was ever handed to me so pretty much that’s how I see it.
  #21  
Old 03-02-2020, 07:10 AM
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rjn5656 rjn5656 is offline
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Default Inheritance

I am enjoying every cent I have, traveling while I am healthy, etc. But whatever is left, I will happily leave to my kids but have made arrangements that they don't get it until they turn 50.
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  #22  
Old 03-02-2020, 07:12 AM
Matthew Wag Matthew Wag is offline
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years past it was the responsibility of the children to take care of their elderly in society. Today kids are lazy wont work and expect things for nothing.. Screw them I am leaving my ungrateful misguided child nothing!
  #23  
Old 03-02-2020, 07:31 AM
Mmarr Mmarr is offline
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Leave wisdom.. enjoy your cash..but have a plan..
  #24  
Old 03-02-2020, 07:32 AM
Lynndise Lynndise is offline
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Default Give like no one else!

I enjoy myself every day, eating out, vacations, shopping, etc, etc. I’ve been blessed with best kids who mean the world to me. I’m leaving it all to them!
  #25  
Old 03-02-2020, 07:32 AM
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We are a split family with 3 children (38 to 51) that were raised with values. As regards to money they are fiscally responsible and thrifty. They do not take on debt without the intent to repay. All three are doing well, none have asked us for any money help. So,, yes we will leave them resources and fully expect that they will use the assets to their advantage.
  #26  
Old 03-02-2020, 07:35 AM
prettyw102@aol.com prettyw102@aol.com is offline
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We have been blessed with a daughter and two sons who are loving, successful and responsible. Real go getters: a bigwig at a major corporation, an attorney and a CPA. First grandchild on the way this summer! All assets will be split three ways, maybe with some provisions for the grandchild (grandchildren).
  #27  
Old 03-02-2020, 07:44 AM
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billethkid billethkid is offline
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Our estate plans do not include managing how much could be left.
Whatever is left gets split equally among remaining children.
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  #28  
Old 03-02-2020, 08:07 AM
lorilorilori lorilorilori is offline
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Smile I am spending my dog's inheritance.

Quote:
Originally Posted by JoMar View Post
Many have kidded about spending our kids inheritance but Marie Osmond has said that she will not leave any money to her kids. I know of several that have also taken that position.........what you think?
  #29  
Old 03-02-2020, 08:08 AM
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golfing eagles golfing eagles is offline
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Quote:
Originally Posted by kansasr View Post
Maybe we should try leaving them a habitable world.....
This world has been "habitable" for most of its 4.1 billion year history. I don't think our children have much to worry about.
  #30  
Old 03-02-2020, 08:10 AM
Travelingal702 Travelingal702 is offline
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Quote:
Originally Posted by OrangeBlossomBaby View Post
It's your money. Leave it to whoever you want. Or don't leave it to anyone and let probate sort it out.
My kids don't need the money. The remainder of whatever I have will go to the 5 grand kids (out of 15) who make it a habit to call me; check in; ask how I'm doing, etc. on a regular basis. They also call, text and otherwise acknowledge any gifts I've given them. The rest? Oh, well.
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