GIVING YOUR KIDS MONEY Works Only Under These Conditions

2022-10-14

While doing my estate plan I had to make the decision... Do I leave my kids with any money?Do I leave them with any assets? In this episode I explain how we wrote up our will along with some of the other weird decisions we had to make about dying. Timestamp: (0:59)Patrick David conducted an interview with Papa John's owner. It talks about money and the time the owner of Papa John's was ousted from his own company. (2:02)The owner of Papa John's gives his own perspective on giving his kids...

While doing my estate plan I had to make the decision... Do I leave my kids with any money?
Do I leave them with any assets?

In this episode I explain how we wrote up our will along with some of the other weird decisions we had to make about dying.

Timestamp:

(0:59)
Patrick David conducted an interview with Papa John's owner. It talks about money and the time the owner of Papa John's was ousted from his own company.

(2:02)
The owner of Papa John's gives his own perspective on giving his kids money. One of the reasons he's not giving the money right away to his kids is that he wants to see if they are ready to learn the skillset to properly handle money.

(3:42)
Logan dives in, giving thought about giving his kids money. Instead of giving cash money, they divided their assets and gave them to their kids.

(4:40)
Who is in charge of your kids? Logan talks about who would be in charge if the worst case scenario happened.

(6:30)
Where do you stand for it? Are you the type who gives your kids money or decides who gets it? Logan shares his plan for the assets if their kids show that they deserve the assets.
Follow Logan Manzanares' Socials:
Instagram| Facebook| YouTube

Comments (3)