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Write A Catalyst

Write A Catalyst and Build it into Existence.

What You Should Never Leave Your Kids When You Die

A little planning now can save your family money, time, and stress later.

5 min read4 days ago

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Photo by Eric Ward on Unsplash

You can leave your kids a house, some money, and maybe a few good stories. But if you’re not careful, you might also leave behind legal problems, debt, or emotional stress they didn’t ask for.

A 2025 survey shows only 24% of Americans have a will. Among those without a will, 43% say they simply haven’t gotten around to it.

But if you have kids, assets, or even a favorite keepsake, you need a plan, simple as that.

Here are things you should never leave your kids when you die. Some can cost them money, others can create family disputes, and a few can turn an already difficult time into an even bigger headache.

Surprise Tax Bill

You spent decades building wealth, but if you don’t plan for taxes, a big chunk of it could go to the government instead of your kids. Capital gains, IRAs, even your house can trigger unexpected bills.

Work with a real tax pro now, not later. A few smart moves can save your family thousands. Don’t leave behind a legacy that gets drained before it even gets to them.

Debt

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🔥 Retired at 42. CFA. 3rd-generation early retiree. Writing for fun, to pay it forward, share what FIRE really looks like. 🦄 worth following. DadisFIRE.com

Write A Catalyst
Write A Catalyst

Published in Write A Catalyst

Write A Catalyst and Build it into Existence.