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UPS Retirement Topics
Parents Gifting Their Children FYI
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<blockquote data-quote="olroadbeech" data-source="post: 2545067" data-attributes="member: 52145"><p>my parents said that too but they still left us a lot. </p><p></p><p>We really don't travel much or like to fly. We take day trips and weekend trips. Stuff like that. The house is paid for and we have everything we need.</p><p></p><p>Just don't really know what we can spend it on. We are thinking of setting up a trust for college educations and down payments on homes. Just not sure what parameters to set.</p><p></p><p>With 6 grown children and 12 grands we feel that is the best legacy we can leave.</p></blockquote><p></p>
[QUOTE="olroadbeech, post: 2545067, member: 52145"] my parents said that too but they still left us a lot. We really don't travel much or like to fly. We take day trips and weekend trips. Stuff like that. The house is paid for and we have everything we need. Just don't really know what we can spend it on. We are thinking of setting up a trust for college educations and down payments on homes. Just not sure what parameters to set. With 6 grown children and 12 grands we feel that is the best legacy we can leave. [/QUOTE]
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