Reply to “Family money” becoming more important in dating

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I would be upset if my kids decided to marry too far down. I don't want them to make their life unnecessarily difficult. I plan will give my kids a substantial downpayment, help with childcare, college tuition for grandkids, and leave an inheritance.  I hope that their in-laws can contribute as well. [/quote]

You are my parents. DH’s parents have nothing for retirement and are a financial burden, as is one of his siblings. It wipes out our income discrepancies after you net out his outflows. My parents have also had to be more strategic about gifting and estate planning - their goal was never ever to effectively transfer to another family.  Instead of cash gifts, they buy things we don't need but are nice to have, spoil my kids, pay for vacations, have a generation skipping trust that takes the burden off leaving a big estate myself, and I'm the one who owns and manages their 529 plans. [/quote]

Sounds like your parents really have contempt for your in-laws.  A generation skipping trust is far from the optimal way to solve your alleged problem. [/quote]

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