We have 2 children, and the route we took was to put $18,000 into an index fund for each child. However these funds do, is what they will be given when my wife and I decide in the future, 18-25 age range. We opted to not set up a school fund. Secondly each child has a house that will be given to them when they move out of the house. Everything for now is in my wife and I names, with an ear tag as to what child has what account.
We are 36 yrs old, so we definitely need to set up a will sooner than later.
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We are 36 yrs old, so we definitely need to set up a will sooner than later.
Sent from my iPhone using Tapatalk
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