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Reply to "What kind of income do you need to put 3+ kids in top privates from k-12? "
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[quote=Anonymous][quote=Anonymous]At least 50% of families its an education trust making those eye-watering tuition payments at the top privates. So, other peoples' money. [/quote] Yep, isn't paying for private school education a popular way of passing down generational wealth? Even if the parents can afford it if the grandparents have enough wealth for there to be estate tax implications then paying private school tuition is a neat way to "give" money to their kids without actually giving them money. Private school tuitions/summer camps and expensive family vacations are the two examples of this I've heard.[/quote]
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