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cab83_750 cab83_750 is offline
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Join Date: Oct 2000
Location: agoura hills, ca 91301
Posts: 2,634
I am looking into this myself. However, one of the clauses of my will states that my 2 kids splits everything equally. What is funny is "roughly" as follows (lets us assume I am worth $1,060,000):

1. Kids gets $530,000.00 each.
2. At age 21, the child gets $30,000.00 (no question asked).
3. At age 32, or upon completion of a Bachelors degree, the child gets $250,000.00.
4. At age 42, or upon completion of a Masters degree, the child gets the remaining $250,000.00.

The idea here is that they will go to school and will end up with education and a degree. Or they can be lazy, and hopefully, by the time they are 32 or 42, they would be smart enough to know better.

Now, after graduation, and they still 'blow' the inheritance, at least they would have some 'education' to be good workers.
Old 08-23-2007, 03:53 PM
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