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Reply to "Giving your married child a down payment, then divorce "
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[quote=Anonymous][quote=Anonymous]Whoa, are there red flags and you’re expecting divorce? My parents wrote a check to both of us. It was a gift. 15 years later if we divorced, we’d split the equity equally including the gift money. You can’t keep score in a healthy marriage.[/quote] This approach depends on the amount of the gift. If the parents wanted to give their child 500k to help with a down payment, do you think they would be comfortable with the spouse getting 250k if they divorced? Do you think your parents would be okay with this? Obviously no one wishes for a divorce, but divorces are unpredictable. If someone thought they would get divorced, they wouldn’t marry in the first place. [/quote]
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