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can't recall who on board suggested we manage disbursements to kids through separate accounts but thanks, Fidelity says they do it all the time, simple to set up*
Posted on October 30, 2025 at 01:20:51 PM by Egghead

(no message)

Replies:

that was me* - By ajs October 30, 2025 at 02:41:32 PM
I was the 2nd to suggest. If you make them Payable on Death accounts then amounts you gifted will remain anonymous to the other inheritors after you pass as well , making it all very clean.* - By asquared October 30, 2025 at 01:34:46 PM
- everything is TOD, which is why I question value of trust as would only have house (if we still own one), autos (ditto) and personal crap for an annual hassle* - By Egghead October 30, 2025 at 02:36:53 PM
  - Same here. As long as you won't be dealing with inheritance taxes and don't have any complex situations it makes things very easy. My will is very simple. Probate on house shouldn't be that painful. Especially since I only have one heir.* - By asquared October 30, 2025 at 02:52:55 PM
That wasn't me, but I've used their accounts for a few years now for the kids. Works great* - By TBW October 30, 2025 at 01:26:47 PM

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