The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Retirement Investing


Subject:  Re: Off topic question Date:  5/30/2013  2:25 PM
Author:  StockGoddess Number:  72324 of 81362

RUN to Amazon and buy this book for all the reasons this is a really really bad idea

This exact situation is discussed. The kid who is getting money "doled" out to them will want more -- then will call you, harass you, claim you stole some of it...

Get a professional executor to handle sister's part, someone who can't be cried or begged or strong-armed into changing the donation amounts. Best book on trusts ever written - by a lawyer and his lawyer son, stories of...trusts, the good and the bad that happens after the folks die and the kids proceed to divvy things up.
Copyright 1996-2016 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us