{"id":7879,"date":"2018-06-17T15:33:25","date_gmt":"2018-06-17T22:33:25","guid":{"rendered":"https:\/\/www.racinelaw.net\/blog\/?p=7879"},"modified":"2018-05-17T15:39:29","modified_gmt":"2018-05-17T22:39:29","slug":"3-things-to-know-about-spending-your-kids-inheritance","status":"publish","type":"post","link":"https:\/\/www.racinelaw.net\/blog\/3-things-to-know-about-spending-your-kids-inheritance\/","title":{"rendered":"3 THINGS TO KNOW ABOUT SPENDING YOUR KID\u2019S INHERITANCE"},"content":{"rendered":"<p>By <a href=\"https:\/\/www.racinelaw.net\/lane-v-erickson.html\" target=\"_blank\" rel=\"noopener\">Lane V. Erickson<\/a>, Idaho Estate Planning Attorney<\/p>\n<p>So you\u2019ve worked hard your entire life and have put together a pretty good retirement plan for yourself. Your house is paid off, your cars are free and clear of any debts, and your investment and bank accounts are bulging. In your last will and testament you leave your vacation property to your children and a gun that has been in your family for a hundred years to your oldest grandson. You also leave all of your accounts to your children. You told your family all about your last will and testament and everyone knows what you are leaving them.<\/p>\n<p>Originally you simply wanted your last years to be quiet and low key. But let\u2019s say that you talked to some of your friends who are seeing the world. They tell you all about their latest adventures and eventually you change your mind and decide that you want to start traveling. You looked over the cruise ship brochures and you have several exotic destination cruises that you would like to do before you die. The only question is, how do you pay for it.<\/p>\n<div class=\"read_more_link\"><a href=\"https:\/\/www.racinelaw.net\/blog\/3-things-to-know-about-spending-your-kids-inheritance\/\"  title=\"Continue Reading 3 THINGS TO KNOW ABOUT SPENDING YOUR KID\u2019S INHERITANCE\" class=\"more-link\">Continue Reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>By Lane V. Erickson, Idaho Estate Planning Attorney So you\u2019ve worked hard your entire life and have put together a pretty good retirement plan for yourself. Your house is paid off, your cars are free and clear of any debts, and your investment and bank accounts are bulging. In your last will and testament you [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24],"tags":[],"class_list":["post-7879","post","type-post","status-publish","format-standard","hentry","category-estate-planning"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>3 THINGS TO KNOW ABOUT SPENDING YOUR KID\u2019S INHERITANCE &#8212; Idaho Law Blog &#8212; June 17, 2018<\/title>\n<meta name=\"description\" content=\"By Lane V. Erickson, Idaho Estate Planning Attorney So you\u2019ve worked hard your entire life and have put together a pretty good retirement plan for &#8212; June 17, 2018\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.racinelaw.net\/blog\/3-things-to-know-about-spending-your-kids-inheritance\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"3 THINGS TO KNOW ABOUT SPENDING YOUR KID\u2019S INHERITANCE &#8212; Idaho Law Blog &#8212; June 17, 2018\" \/>\n<meta name=\"twitter:description\" content=\"By Lane V. Erickson, Idaho Estate Planning Attorney So you\u2019ve worked hard your entire life and have put together a pretty good retirement plan for &#8212; June 17, 2018\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Racine Olson\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"3 THINGS TO KNOW ABOUT SPENDING YOUR KID\u2019S INHERITANCE &#8212; Idaho Law Blog &#8212; June 17, 2018","description":"By Lane V. 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Erickson, Idaho Estate Planning Attorney So you\u2019ve worked hard your entire life and have put together a pretty good retirement plan for &#8212; June 17, 2018","twitter_misc":{"Written by":"Racine Olson","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.racinelaw.net\/blog\/3-things-to-know-about-spending-your-kids-inheritance\/#article","isPartOf":{"@id":"https:\/\/www.racinelaw.net\/blog\/3-things-to-know-about-spending-your-kids-inheritance\/"},"author":{"name":"Racine Olson","@id":"https:\/\/www.racinelaw.net\/blog\/#\/schema\/person\/aa8aa04699b3ee65fb6e3d91aaa6b2bd"},"headline":"3 THINGS TO KNOW ABOUT SPENDING YOUR KID\u2019S INHERITANCE","datePublished":"2018-06-17T22:33:25+00:00","mainEntityOfPage":{"@id":"https:\/\/www.racinelaw.net\/blog\/3-things-to-know-about-spending-your-kids-inheritance\/"},"wordCount":906,"articleSection":["Estate Planning"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.racinelaw.net\/blog\/3-things-to-know-about-spending-your-kids-inheritance\/","url":"https:\/\/www.racinelaw.net\/blog\/3-things-to-know-about-spending-your-kids-inheritance\/","name":"3 THINGS TO KNOW ABOUT SPENDING YOUR KID\u2019S INHERITANCE &#8212; Idaho Law Blog &#8212; June 17, 2018","isPartOf":{"@id":"https:\/\/www.racinelaw.net\/blog\/#website"},"datePublished":"2018-06-17T22:33:25+00:00","author":{"@id":"https:\/\/www.racinelaw.net\/blog\/#\/schema\/person\/aa8aa04699b3ee65fb6e3d91aaa6b2bd"},"description":"By Lane V. 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