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Investing/Strategies / Retirement Investing
|Subject: Re: Off topic question||Date: 5/30/2013 2:25 PM|
|Author: StockGoddess||Number: 72324 of 82315|
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.
Read.the.book. 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.
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