Well, I read through a bunch of this - a few down right goofy, ignorant comments, but plenty of really thoughtful responses. I especially liked Calvin's comments.
There's no way I can tell you what to do Bob. I know what I'd do though. I'd liquidate all the dumb sh*t I've accumulated (personally I don't have much - not a "collector," and not into boats or motor sports, etc.), sell the house, downsize, and put the earnings that are left into a "fun" account (ie, 10 year bonds, etc., whatever), not touch the principal, and go play/travel with the earnings. I'd do my best to make sure my kids ended up with all or most of the principal.
Aside, if your kids are "entitled" the fault is entirely your own. You didn't raise them right. My kids aren't, nor will they be waiting for my death - they'll lose their friend. "A good man leaves an inheritance to his children's children."
