Estate Planning

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Apr 21, 2006 | 06:32 AM

#41

Grannyrod

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Joined: Sep 2003

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From: Bowie

Quote:

Originally Posted by Zippy,Apr 21 2006, 07:12 AM

The one thing that you might want to consider is tax implications for passing assets to your children. Since I don't have any of those, it tends to simplify

our wills.

Good point, Zippy. There's really lot to think about as you try to predict and anticipate the future.

Apr 21, 2006 | 06:59 AM

#42

dlq04

Joined: Jan 2001

Posts: 45,916

Likes: 8,388

From: Mish-she-gan

Quote:

Originally Posted by Zippy,Apr 21 2006, 09:12 AM

The one thing that you might want to consider is tax implications for passing assets to your children. Since I don't have any of those, it tends to simplify

our wills.

I like incentives. I think I will just tell them that only the top two kids who help mom & dad when we're in our 90s will get to split the loot.