View Poll Results: What would you do with the 2 million

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  • Buy everything I ever wanted

    8 25.81%
  • Donate it to worthy causes

    8 25.81%
  • A little of both

    15 48.39%
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Thread: A moral question

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    A moral question

    I just saw a story on the local news where a couple was awarded 2 million in a lawsuit from their 2 year old kid being backed over by a dump truck. My wife and I were talking about it and decided we could never spend that money on cars, houses, vacations etc without feeling guilty. We would opt to dole the money out to worthy causes in the name of our poor dead kid. What would you do?

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    Re: A moral question

    Honestly, when I think of it, my mind can't get past the part of one of my kids dying.

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    Re: A moral question

    Quote Originally Posted by sawyerloggingon View Post
    I just saw a story on the local news where a couple was awarded 2 million in a lawsuit from their 2 year old kid being backed over by a dump truck. My wife and I were talking about it and decided we could never spend that money on cars, houses, vacations etc without feeling guilty. We would opt to dole the money out to worthy causes in the name of our poor dead kid. What would you do?
    How horrible. Money could never remedy that situation. I guess, if I had more children, I'd use the money to ensure they were safe and well taken care of in the future.

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    Re: A moral question

    Quote Originally Posted by sawyerloggingon View Post
    I just saw a story on the local news where a couple was awarded 2 million in a lawsuit from their 2 year old kid being backed over by a dump truck. My wife and I were talking about it and decided we could never spend that money on cars, houses, vacations etc without feeling guilty. We would opt to dole the money out to worthy causes in the name of our poor dead kid. What would you do?
    Making a sizable donation to various charities in their daughter's memory would be a wonderful thing. Spending some of it to see what could be done for dump truck safety (through mandatory back-up cameras, etc.) would be a wonderful thing. Improving the life of their other children would be a wonderful thing. In the end, there is nothing that's going to fill the void in their lives (or the ache in their hearts) from the loss of their daughter . . . including any guilt they most likely have for her not being close-enough supervised. That's a very personal decision, and I can see many different angles where they would spend the money on themselves and their family...including future children.

    Just FYI, Google "dump truck $2 million lawsuit." This is not uncommon. At all.
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    Re: A moral question

    I would let it cover the expenses of the counseling, etc. and legal. After that... yeah. I would view it as "his" money, not mine, and would likely try to find some good purpose to turn it to.

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    Re: A moral question

    I would buy a state of the art robot to replace my kid.

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    Re: A moral question

    Charitable Remainder Trust with one of the family members as settlor at 5%. Distributions would go into an education fund for the other kids (if any) as needed. Anything beyond that would be used for general family needs.

    For those that say "give it away to charity" make sure you talk to someone first because you'll be liable to shoot yourself in the foot by doing that.

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    Re: A moral question

    I would probably hire professionals to post a memorial online and some physical memorial. I would give some towards what was of interest to my daughter and - of course - something that might prevent such a tragedy again. The rest I would put into a trust for my other children for them as adults unless needed for some life threatening need of any of them.

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    Re: A moral question

    I would establish a fund for families who had lost children, a fund that would cover grief-counseling, final expenses, and long-term therapy to assist bereaved parents and siblings struggling with such an unimaginable loss.

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    Re: A moral question

    Quote Originally Posted by JC Callender View Post
    I would buy a state of the art robot to replace my kid.
    After you used that $1.99, what would you do with the rest?

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