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Adult Children
Reply to "How much financial help are you really giving your adult children?"
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[quote=Anonymous]Other than gifting them old cars we didn't support them after college until they were married with successful careers. Then we hit an age when estate planning became an issue and gifting them every year was a good thing to do. We've set up irrevocable trusts for them plus we have provided bridge loans on real estate when needed. We've set up 529's for each of their children which should cover 50% of their college expenses. They are all doing very well on their own and they want to succeed on their own so we are a very nice safe net if needed. [/quote]
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