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[quote=Anonymous][quote=Anonymous][quote=Anonymous]An adult (anyone not still perusing their education) getting 18K a year from their parents every year is embarrassing. Stand on your own two feet OP. And everything doesn’t have to be transactional. It sounds like in a variety of ways you are already doing better than your siblings. Count your blessings and stop trying to extract money from family. [/quote] No it is not. We gift our kids that (and will their spouses once they have them). Why? Because we will be impacted by the Cap on Estate transfers (yeah I know it's now $15M/person, and yes we will likely exceed that). So it's the best way to transfer wealth and avoid extra taxes. Also it helps our kids in their 20s and 30s much more than when they are 50+ and we are dead. It can (and will ) change the trajectory of their lives. Allow them to "work closer to their house", "take a less stressful job where they have more time with family", etc. [/quote] Purely bragging, nothing else. [/quote]
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