We're expecting our first child and still live in an expensive city - will cashing in another $10 million trust let us downshift?
Briefly

A Redditor in the r/fatFIRE community is evaluating the possibility of leaving their corporate job due to substantial financial resources, including multiple trust funds. With a current income of $500,000 and an additional tax-free income from a $6 million trust, the Redditor considers financial freedom achievable. Planning inheritance wisely is highlighted as a critical task for families, and the importance of consulting financial advisors is emphasized.
The Redditor enjoys a significant income while contemplating financial freedom, boosted by multiple trust funds that together will support their lifestyle.
Inheritance planning is prioritized as a crucial financial decision; advice from professionals can ensure that these funds benefit generations.
Read at 24/7 Wall St.
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