Allen, there's two ways of looking at how or why he has already given his children their inheritance. You guys crucified my grandfather for not giving money to my dad when he needed it. So wouldn't it be prudent to give your children their money when they're starting their families, purchasing a home, may come up on a financial rough patch and the money would come in handy or even have a sick child and it could help with medical bills? Maybe it has nothing to do with avoiding inheritance tax at all. It could be he has given them some financial foundation to start out with instead of them waiting around for him and his wife to die to get the money. I'd say it shows he's not selfish. There's nothing wrong with wanting to see your children and grandchildren enjoy a good life. As a parent, I think it's great thing to do. If they blow it all, then they'll have to learn the hard way about being good stewards of your money. It's like he said, there's no more, nada, nothing and coming from Silver I believe that's what he means.<quoted text>
I can believe your not leaving your poor little rich kiddos nada. Wouldn't want to subject them to an estate tax. Now would you? Hey Silver, you should have named your kiddos nickel, dime, quarter and fifty cent piece. Then you could have referred to them as "The Chain-ge Gang".
What would/will you do?