When should you give money to your children?
Gifts and inheritance to children, timing of giving.
Axis: give while they are young … leave it as inheritance
Answers by date: 2 records in 2 sources, newest first; the answers above are the current ones. One answer from each speaker here, so no change can be shown.
| date | who | answer | source |
|---|---|---|---|
| 2022-06-30 | Ali | Agreeing with Bill Perkins, Ali says that if you want to give money to your children, give it to them when they are young rather than when you die. | You’re Saving for a Life You’ll Never Live 00:04:42 |
| 2022-01-07 | Bill Perkins (quoted) | Die With Zero's chapter on children says to give them money while you are alive and they are in their 20s or 30s, when they can use it for a house deposit or a first car, rather than as an inheritance in their 50s or 60s. | 15 Books To Read to Change Your Life 00:08:11 |