His 13-Year Old Daughter Doesn't Know She Has $1,000,000 (Part 1)

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[NickoBaggins]

This is a huge example of "it depends."

It is situational depending on the child.

[kevinvonwhiskerdoodlethecat]

Don’t tell her. She won’t work as hard in school

[Majora]

Don't tell her till she's 18. Make her get some job before then so she knows the value of money.

[naomiemoore]

Depending in which state they reside, check the laws of distribution. Not every state is the same.

My grandmother left us money from her estate. It wasn't a ton of money. And we were required to wait until we were 25.

I used as a down payment on my first house at 26. The financial market was completely different. Was one of the best financial decisions ever. I paid my own way through college and my parents helped along the way.

[OmarHernandez-iuzc]

Wait till she 25 just help her financially along the way till she wise up

[igodi]

Let her buy some rental properties and retire immediately

[JeanetteWilliams-kd]

Whoa is right. I think you should tell her and try to lead down the right path. She's going to need you Dad a lot.

[mattyv]

Why would the daughter be the benefactor of the settlement and not the husband?

[karendillehay]

I think 25 might be a good age... but you also don't want the daughter to be bitter about not being informed

[HelloooThere]

TELL HER TO SAVE IT TO BUY A BOWLING ALLEY GREAT INVESTMENT