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Old 01-23-2016, 09:24 AM
 
29,782 posts, read 34,876,173 times
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Quote:
Originally Posted by Robyn55 View Post
All extremely important points. And what if a child dies before you do? And possibly remarries?

Also - it can even be hard for parents to know what their kids might do. Now or especially 15-20 years down the road.

The most important thing to remember is if you give money away - YOU DON'T OWN IT ANYMORE. And have no control over it. Robyn
Bada Bing!
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Old 01-23-2016, 12:04 PM
 
Location: SoCal
13,235 posts, read 6,340,776 times
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I give my kids money to co tribute to Roth IRA, it's essentially a gift of time, but I agree to NOT sign it over until I'm done spending. Who knows what's going to happen?
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