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Wrexxis780 29 points ago +29 / -0

Thats what I would do. Toss the money into savings accounts for the kids until they are old enough.

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glow-operator-2-0 3 points ago +3 / -0

No - do a trust fund if you can afford it.

The conditions you set (there could be many) can insure that the money doesn't get squandered by the intended recipient.

Can't do that with a savings account.

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Wrexxis780 1 point ago +1 / -0

Yeah that’s what I meant.