However, the more I think about it, the more I wonder if leaving an inheritance, or at least the promise of an inheritance, does more harm than good.
Ensuring our children are financially literate increases their chances of effectively managing an inheritance.
Instead of saving all of our money for later in life, our goal will be to do everything we can to ensure they are set up for a successful life.
Money Can Tear Families Apart No matter how you plan to split the money among your kids, there will likely be someone that isn’t happy about it.
One thing that would undoubtedly change things is if me and their mother died early in life.