Reply to How to equalize financial gifts to adult children

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[quote=Anonymous][quote=Anonymous]Fwiw I am an adult child and I absolutely don’t care about this kind of thing being equal.

But, we all have enough money and no hardships that would preclude us from supporting ourselves anyway.

The major trust in our family splits per stirpes, so I actually encourage my parents to do unequal distributions when they are alive because some branches have more grandchildren and that just makes sense to me. We definitely get unequal on tuition and housing and no one is upset about that.

You probably should have a conversation about it as a family. [/quote]

More power to this person who wouldn't care... but my siblings and I are pretty well off AND $20,000 per year would make a material difference in our lives. In many cases, married people have lower "per capita" expenses than single people because they are splitting rent and utility costs.

Give each kid $38k per year to help manage your estate. And talk to a lawyer/estate planner to help explore other options if minimizing taxes is a big concern for you.[/quote]

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