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What Percentage of Your Money/Possessions Will You Pass Down To Your Kids?

Goldie

Goldie

Kobe With The Pivot
Site Owner
I thought it was just Jackie Chan, but I'm starting to see a lot of people feel like they wouldn't pass down most of their bread and possessions to their children.

 
Saw a tiktok that said quincy gave each of his kids 80 mil a piece and it said generational wealth. Not sure how true it is though
 
I'm leaving everything I have to my children. But...I won't be leaving them anything CRAZY. In the context of the conversation they were having, I 100% would NOT leave everything to my kids.
 
You can always setup a trust fund where they have to reach a certain milestone if you want your kids to experience some type of life experience hardship or don't want them to have access to it right away

I thought this was known

Like they can receive such and such after they receive a degree from such and such school or whatever
 
I’d leave it all. I hadn’t really thought about stipulations, but if I were to impose some I’d probably not let them have it until they’re 40. If they want to live miserable until then that’s on them, lol.
 
think I've shared this before


but when my Aunt passed, she had in her will that all her possessions be sold (no spouse/kids)


house, cars, furniture, etc.


but the proceeds were for the upkeep of the family cemetery (where she's buried)
 
Also please make it easy for your descendants to gain access to everything. There are booklets that you can jot everything down
 
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