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To: gondramB
The traditional way to curb heirs and heiresses is conditions on their potential inheritance. You could have a rule like “every time you show your p****y in public” you lose $10,000,00.

It's a little late for that. Can you imagine writing up a trust fund using that language? For an infant? After all, inheritances/trust funds are usually drawn up when the child is born.

The only way to control her access to money, is to have her declared "non compos mentos". Or how ever it's spelled....

328 posted on 06/09/2007 2:17:41 PM PDT by TheSpottedOwl (Head Caterer for the FIRM)
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To: TheSpottedOwl

>>The only way to control her access to money, is to have her declared “non compos mentos”. Or how ever it’s spelled....<<

This is not an area of expertise for me...

But I was a department head at a $50,000 a year private high school and the kids did talk about such things. Apparently the kids often felt burdened by the administrator of their trust funds who judged the “reasonableness” of their spending prior to the age when they gained full control - and age that was as late as 35 years in some cases. The interpretation of reasonable got much more strict when they acted up in some way.

Of course that did require planning on the part of the parents and an administrator with backbone. In many cases the parents were using the administrator’s backbone as a substitute for their own.


334 posted on 06/09/2007 2:22:57 PM PDT by gondramB (Do not do to others as you would not wish done to yourself. Thus no murmuring will rise against you.)
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