Seems counterintuitive....why should the more educated (and assumed to be higher earners in the family) get a larger share?Grandmother passed away and amount of money I get from the will is dependent upon my education level. Please list easy to obtain PhDs...shtick welcomed.
Will says, "bachelor/master/doctoral degree from an institution of higher learning"
We created our will last year as I was debating about doing something similar, but only as a homage to 80's comedies.Grandmother passed away and amount of money I get from the will is dependent upon my education level. Please list easy to obtain PhDs...shtick welcomed.
Will says, "bachelor/master/doctoral degree from an institution of higher learning"
I already have a masters in engineering. Don't want to get a doctorate in engineering.I'd go straight to the doctoral. If you're gonna scam dough from a will, may as well go all the way.
(and, sorry for your loss. condolences to you and your family)
Form of control.Seems counterintuitive....why should the more educated (and assumed to be higher earners in the family) get a larger share?
I don't think I like your grandma.
Sorry for your loss.
I don't know about honorary degrees.Do honorary degrees count?
ETA: What’s theby degree level?
I was just trying to summarize.Gonna need to see the rest of the Will or at least the rest of this clause in order to give a better recommendation.
Will says, "bachelor/master/doctoral degree from an institution of higher learning"
This part makes it sound like all three degrees are counted the same.
Correct! That was the first question I asked.I notice it doesn't say "from an accredited institution of higher learning"...
Mitchell Hamline School of Law?Oh, and also, pretty sure you can get a law degree from Hamline on ebay for a hundred bucks or so, now that they went belly up and are rare collector's items.
How much of the inheritance will be eaten up by tuition?I was just trying to summarize.
Bachelor 15%
Masters 45%
Doctors 100%
It's north of 100k so its financially advantageous to get it. I'm just lazy.How much of the inheritance will be eaten up by tuition?
http://www.corllinsuniversity.org/corllins/fee-structure.asp#bpCorrect! That was the first question I asked.
What if you get a second Masters?I was just trying to summarize.
Bachelor 15%
Masters 45%
Doctors 100%
The bro who barely passed the equivalency exam.Who gets the cash if you don't?
I already have two, and its no bueno.What if you get a second Masters?
Second masters does nothing for me as I already have one.If you have a Masters already, I'd still recommend getting a 2nd one of those over a PhD unless you want to teach. The time invested for a PhD isn't worth the return IMO.
A third in bling and ballin' could pay dividends IMOrascal said:Second masters does nothing for me as I already have one.
I asked the executive of the trust if four masters between my wife and I counted and he said, "yes, they count for 45%".A third in bling and ballin' could pay dividends IMO
Pay it forward to me, I've been looking at pimping programs for months now.I asked the executive of the trust if four masters between my wife and I counted and he said, "yes, they count for 45%".A third in bling and ballin' could pay dividends IMO
I obviously disagree with her decision.Pretty damn restrictive to only get 45% for a Masters. Grandma was a bit of a sadist.
If I added such a stipulation I would do:
100% + School reimbursed at $15,000 per year (based pro-rata on available money) for Bachelors, Trade School Degree or Entrepreneur
+10% Masters or PhD
-20% Law Degree
The problem with her plan imo is that it leaves the recipients with shame, regret and negativity instead of joy and feelings of gratitude. It also may not account for someone with a Masters employed as a Barista at the coffee shop.
Depends on the market. I get all capital gains until the gains equal the principal at which point the principal will be distributedHow long do you have to get it?
It was written 30 years ago. They never updated it despite our numerous requests.I can see maybe doing something in a will like this for young kids still in elementary or high school to give them additional incentive to seek a higher education degree. But to stipulate it of grown people that already have degrees....I don’t really get that.