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Reply to "What is your relationship with parents if they regularly gift you money? "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]The relationship is great. We receive large sums of money from several relatives- parents, aunt, uncle, grandparents. It is understood we help the next generation out in our turn. We say thank you of course and there are zero strings attached. Primary and college is also provided for. We are very very fortunate and we know it.[/quote] +1 For our family, it's about intergenerational wealth transfer and helping future generations. [/quote] Me too but I only receive annual gifting from my parents. It has only been a blessing to myself, my siblings, and our collective children. Very grateful and very close family. Only “string” is a request that we donate 10% to charity but it’s a request not a mandate.[/quote]
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