One of the biggest inheritances you can give to your children is to not have a financial mess they need to sort out when you pass. Have your funeral plans made, finances in order, and let your passing be a positive experience not one filled with stress and dread.
And, don’t have a lot of crap. If your kids need to take a month to clean up and sort through your junk, you suck. And I see it all the time. Be down to the good stuff they can quickly divide up or sell.
An inheritance is as old as the world. A token 25k set aside for each child would be welcome.
Calvin this is why we are going through another down sizing this year.....the old saying...you don't own your stuff, it owns you.
I am looking forward to it....in the end they will sell everything and split it....bob
