Inheritance For Your Children
 

Proverbs 13:22

A good man leaveth an inheritance to his children's children: and the wealth of the sinner is laid up for the just.

Is it important to leave a monetary inheritance to your children?

This is not about what is most important - we all know passing on the faith is the primary thing.

Re: Inheritance For Your Children
 

I don't know about this, Steve. I've always felt like our parents didn't OWE us an inheritance at all. They raised us, fed us, clothed us, sheltered us and took care of us until we were old enough to support ourselves. At this point in life, I feel more like I owe to my mom than that she owes to me (she is the only parents either of us have left now). I would give her anything I own. But I certainly would never EXPECT her to give to me.

On the other hand, I will say this: when Walt's dad died, he had bought a considerable amount of life insurance which all 4 kids split evenly. That money has been a very, very big blessing for us. But did he OWE that to us? No. Are we grateful? Absolutely!

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Let's just say I'm worth a lot more dead than alive!

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I feel it will be a blessing to leave an inheritance to my children. To me it is not a matter of oweing it to them or that they deserve it necessarily but a joy to share the fruits of generational blessings! Show them the money!

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I am not worth much either way!

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My parents worked hard for their money and I hope they enjoy it or use it to provide excellent care for themselves in their waning years. They provided for me when I was not able to provide for myself, they helped me get a college education, and gave me a great start in life.

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If I have children, they will receive an early inheritance in the form of a B.S. or B.A. If I have only one child, I'd offer a Masters'.

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Look in history how the Jewish folks have treated inheritence.

If you teach your children to respect.

They will value what is left behind.

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Good posts. I always thought it would be the right thing to do - if God enables it of course. I was surprised to discover some think it is of little value.

Certainly the children need to learn good stewardship and respect anyway - so hopefully they will know not to blow it like the prodigal of scripture.

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Yes indeed. There is no debt to be paid. It is a blessing bestowed on the children. I have spoken to some who think it is better to give your assets to the church or a ministry... (and I too don't think those should be excluded.)

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I think it's definitely a Biblical injunction to leave an inheritance if at all possible. I hate those bumper stickers that say, "I'm spending my children's inheritance". I hope to be able to lay up money for my kids.

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The Bible also talks about laying up and inheritance for your children's children. My grandparents not only designated money for their only child, my mother, but left sizable sums for their 10 grandchildren. I have designated a sum for all my children and grandchildren.

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No. What are they supposed to do with the money when the rapture happens? Only sinners would be left and they'll mis-spend the money. Use it all now for massive television ad campaigns!

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I agree Margie.

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I think it's funny. But then, I doubt I will get much at all. My parent's are not big spenders and they were not big earners. However, they are spending my inheritance to live on!! But if they took a nice vacation sometime I would be happy for them.

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We do have a sizeable amount of life insurance money that our boys will end up with after they pay off our funerals. And they can sell the house and split that money if they want. But other than that, I'm afraid we will have to be living on whatever money we have saved up. I think company pensions are going to be going the way of the dodo bird, so we'll probably all be in the same boat.

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I hope to leave my kids a fairly decent amount. I guess time will tell.

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us too, ILG. But I DON'T want them thinking that we OWE them that. If they get it, then good. It's a nice gift of love we were able to provide for them. But if we can't provide that for them, I don't want them thinking that we failed them as parents, therefore we must not have loved them enough to sacrifice so they could live high on the hog after our deaths.

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And remember, I was always your favorite! http://www.apostolicfriendsforum.com...ons/icon10.gif

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Right.

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I'll send you your .50. (I said a decent amount, I didn't say what that meant!!) LOL!!

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Thanks for helping me work my way through this folks.... you see - I am going to Reno next month...

:)

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Your preacher, perhaps???










J/K.... I think the kingdom would be a great beneficiary.

Re: Inheritance For Your Children
 

I guess you could rephrase the question by asking, "Is scripture important?"

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Some say it has only a spiritual application for today...

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Amen Raven! No argument from me that our best inheritance is not of silver - Great post!

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My folks are still alive, so, of course, I voted YES!! :lol

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LOL!

My father has gone to be with the Lord, and the assets my mother has will be divided between nine kids... not much in it for me!

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We are too Renda! Ken and I both have good sized life policies. We are considering purchasing 20 pay life policies for each of our kids...they run about $10-$15/month/child depending on the face amount of the policy and in 20 years it's paid for and our kids could use the money for a downpayment on a home or whatever.