
"The original poster expressed concerns about leaving $5 million to her stepson, fearing that his poor financial habits could lead to detrimental consequences."
"Considering her stepson's questionable spending behaviors, the OP is contemplating establishing a trust to ensure funds are used responsibly for essentials like healthcare and education."
A Reddit user fears that leaving her stepson $5 million could spoil his life due to his poor handling of money. Her husband has a child who cannot seem to manage finances, despite a decent income. The couple is contemplating setting up a trust to provide for their stepsonâs essentials like healthcare and education while preventing potential financial ruin caused by a sudden influx of wealth. The OP's worries stem from the stepson's lack of savings and questionable financial decisions, raising crucial questions about managing inheritances wisely.
Read at 24/7 Wall St.
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