Flipit
Aka- ApexFan
Sorry for your loss. Not everyone comes into that extra funding by that age, or even any age. Kids need to be taught responsibilities, as well as earning things. That said they also need assistance at times. My folks didn’t have that option when I was younger. I had to work for anything and everything I ever wanted or needed. My family leaves inheritance to the next of kin. Doesn’t mean the young uns don’t get what they need. My son had a hard time figuring out the difference between want and need.Here's the deal. My mom and dad died a few years ago and they left a sizeable estate which the kids now benefit from. This won't be my plan.
I'm going to give our kids what they need while my wife and I are alive. We want to see their happiness and make sure they have what they need now and not wait 30yrs for our assets. Take care of the kids and grand kids while you're alive. Can't see their happiness when you're dead.