Is anyone else’s parents/in-laws doing this?
Yes of course it’s their right, but why give the government so much money just to avoid enriching your children and grandchildren. The way my MIL talks, it’s like she is jealous that her adult children are financially successful. Assuming nothing is done by Congress by 2026, in-laws will be well over the estate tax limit. |
OMFG. They are your IN LAWS. Back the F off.
And if they have an even somewhat decent estate attorney and truly will be over the exemption, their attorney will set them up with dual SLATs which will help from an estate tax perspective. But mostly? Stay out of this. Being the in law who pressures the parents in law to make inter vivid gifts is not a good look. And it isn't 2026 yet. |
LOL, it's their money, not yours. Are you going to pay all their end of life care if they give their money away? Of course not. |
I need the device from "Honey I Shrunk the Kids" to create the worlds smallest violin to play for you. |
They have over $14m and you’re complaining? Seriously? |
Not your money, not your choice. |
+1 2024 with a limit of $13,610,000 |
Well over. And they have no plan to do anything about it if the law reverts back. And they hate taxes and big government! But god forbid they put $18k a year in a fund for their grandchildren. We don’t need the money - we and DH’s two siblings are very successfully employed, a fact that seems to turn my MIL green with envy. She is constantly making snide remarks about it. |
If everyone is doing so well, they should donate it all to scholarships for students that have less. |
They are wisely holding out so you throw in the towel and latch onto another heiress |
*heir |
They can do what they want OP. |
Yes, it's well-known that parents hate when their kids succeed. I 100% agree with the other poster that she's waiting for your husband to divorce you before she starts giving out the money. |
Classic narcissist. It’s hard to believe that some people don’t want what’s best for their children or grandchildren. |
Uh maybe they need the money to live? |