My wife and I are in our mid-60s and we are both retired. My parents have passed on. I have no living siblings or children. My wife has three adult children in their 40s. None of them are mature, responsible adults . They have four children.
A trust is a more private option than a will, and you can obviously set out terms of that trust and give the beneficiaries an income instead of a lump sum, if you don’t feel comfortable that your grandchildren would give the money to their parents to support bad habits. You could also provide money from the trust for, say, a down payment for a home in the beneficiaries’ name.
Similarly, any distribution to your kids or grandkids could require proof that they have been alcohol- or drug-free for X number of years. ”Distributions may be conditioned on continued participation in drug and alcohol counseling, completion of in-patient rehabilitation programs, or remaining free of any further criminal or traffic violations related to drugs or alcohol,” the Sketchley Law Firm adds.
Enjoy every penny yourselves and everyone else can figure their lives out on their own! You worked for it, they didn’t! Like my grandma used to say: “This is my money, not yours.” - Yeah, I learned fast!😂
Ugh. Wypipo.
Why was Trump banned?
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: FXStreetNews - 🏆 14. / 72 Read more »
Source: cbschicago - 🏆 546. / 51 Read more »
Source: BestLifeOnline - 🏆 533. / 51 Read more »
Source: Fashionista_com - 🏆 474. / 51 Read more »
Source: CBSLA - 🏆 552. / 51 Read more »
Source: FXStreetNews - 🏆 14. / 72 Read more »