Quote:
|
@Freelancer Teach them that they need to work for there money, if they don't learn that the end result might be them pissing away your hard earned money.
|
That is necessary! I already have in mind how to teach my future children management of money. For example, my grand-grand parents had cca. 5-10 Million Euro net worth if it was translated into today's money.. blown away...
all that is rest is cca. 750 K Euro (this is Croatia, not US or EU, if it was US the price would be augmented by X5
) family house that is going to ruins just because there is no unity in the family...
What i will do is give substantial capital and education to my kids so they will be able to get into business very early, and the rest of the money and assets will not be transfered to them but will be established as a charity organisation. This way they will not turn on me when my time here will get close to an end but will have their own lives that will preoccupy them. It was not once i saw how old richer and rich people get treated by their sons and daughters, this is something i really want to bypass.
Also wit that kind of money (over 100 MM Euro) i will think of augmenting my life span here for me and my spouse so we could enjoy this reality for long long time... there are some really big breakthroughs today so why not get advantage out of them?!