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by bko
1791 days ago
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Society ceases to function if you cannot convey any advantage to your children. My parents sacrificed a lot for their children. They moved to a far away land, worked a lot of hours so that we can live in a neighborhood with a decent school. They saved a lot to try to send me to a decent school. They always obeyed laws and were model citizens. If there were no way to transfer such advantages, they wouldn't have bothered doing any of this stuff. I think society was served by their sacrifices. I can't quote a study, but I think crime rates go down considerably when married and with children. You have a lot more to lose. You want to make sure you're their for your children and they have the advantage of being in a stable loving home |
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As far as being there for your children, again, I don't see the connection with estate taxes, your children will definitely need you even if you can't pass down 5 million dollars worth of assets to them.