1) Who are you planning to leave your money to when you (and DW if applies) are gone? Kids or other close blood relatives? Friends or more distant relatives? Charities, faith based organizations, other?
2) Do you have a minimum target for the estate you plan to leave behind?
Based on the occasional net worth and SWR poles here, it seems like there is a reasonable possibility, even probability, that most here will leave a non-trivial estate. I'm curious as to who you feels is deserving of your estate when you are all done.
As for us, we have direct siblings and faith based organizations as future recipients. We don't have a minimum estate we are trying to leave. Our legacy fully participates in all the upside and downside. We'll spend it all if needed; there no way I'd w*rk even another day to do otherwise.
2) Do you have a minimum target for the estate you plan to leave behind?
Based on the occasional net worth and SWR poles here, it seems like there is a reasonable possibility, even probability, that most here will leave a non-trivial estate. I'm curious as to who you feels is deserving of your estate when you are all done.
As for us, we have direct siblings and faith based organizations as future recipients. We don't have a minimum estate we are trying to leave. Our legacy fully participates in all the upside and downside. We'll spend it all if needed; there no way I'd w*rk even another day to do otherwise.