Bad news: if she's a US citizen then at age 6 she already owes about $215,000. As a US citizen she will pay taxes. She'll start out by paying for part of your debt (and your parent's debt.) Then, she'll pay for her own debt.
I've apologized to my daughter (now 24 years old) for the burden. It's unconscionable but it's the will of the majority so I have no choice.
I've apologized to my daughter (now 24 years old) for the burden. It's unconscionable but it's the will of the majority so I have no choice.