There are few parts of the law quite as fraught as succession. As the great wealth transfer gets under way, wrangling about who gets what is tearing families apart
Tricky stuff. Talk to your family about this stuff before you/they die.
How about no, we let people do what they want with their money? My 2 goals in life atm and for the foreseeable future are to retire early with a nice nest egg, and to provide as best I can for my kids (and their kids) after I’m gone. I’ll be trying to leave them each a house with zero debt on it at a bare minimum.
I want my kids to be better off than I was. Every parent should want that for their kids. If the government ever tried to do a “death tax” or inheritance tax, I’d make damn sure I had nothing to my name by the time I am on my death bed, and my kids had everything.
How about no, we let people do what they want with their money? My 2 goals in life atm and for the foreseeable future are to retire early with a nice nest egg, and to provide as best I can for my kids (and their kids) after I’m gone. I’ll be trying to leave them each a house with zero debt on it at a bare minimum.
I want my kids to be better off than I was. Every parent should want that for their kids. If the government ever tried to do a “death tax” or inheritance tax, I’d make damn sure I had nothing to my name by the time I am on my death bed, and my kids had everything.