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Money and Finances
Reply to "Protecting money you gift adult kids for a house"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Totally! Make sure your kids don't protect their assets- great advice mom! [/quote] My kid's most valuable assets are their health, their family, their self esteem, their brains, their education, to name a few. Money is nowhere near one of the most important ones, and I hope it never is. If they get to share all the other ones with their spouses, I fail to see how keeping money to the side is worth it. I understand that when you have a lot of money, it might be the case for you. Good for you. I am not judging you, so don't judge me.[/quote] And I hope your children do their best to protect those interests: exercise, going to the doctors regularly, being life long learners etc. I don't understand the idea that you consider it good and proper that they nurture and protect those assets- a financial asset is just another thing to protect and nurture.[/quote] I agree with protecting and nurturing financial assets as you would all the others. Now protecting them from a spouse, because of the risk of divorce is where we disagree. I don't understand why you keep missing this point. [/quote]
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