Many people think that the best time to give children their inheritances is when they start their own family. Illustration photo by Pexel
I believe that the best time to give children their inheritances is when they get married, as that is when they need the most support.
My wife’s parents own a large and valuable house, but they promised to give it to her as inheritance only before they die.
For now the house falls under their management, and generates monthly income through leasing.
My wife’s story is in total contrast with mine, as I received a house from my parents immediately after getting married.
I sold it to buy another house in a foreign country where we now live. Thanks to my parent’s perfectly-timed gift, we had a head start to build our career and make enough money now, in our 40s, to buy new houses on our own.
If nothing changes, my wife will have to wait until her 60s to lay her hands on her inherited house.
By that time we will be too old to make sound investment with the house. In fact, I do not even know what we would do with it.
I firmly believe that the best time to give our children their inheritances is when they start their own family. That is a sensitive period of life when they need a lot of financial support to stand on their own feet.
That is what I plan to do for my children. But they are brought up in a foreign country, they have a different mindset on inheritance and do not seem to care too much about receiving large gifts from us or from our parents.
*This opinion was translated into English with the assistance of AI. Readers’ views are personal and do not necessarily match VnExpress’ viewpoints.
