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Reply to "How to equalize financial gifts to adult children"
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[quote=Anonymous][quote=Anonymous]I would give equal amounts for the annual gift. If you want to give more, you can give to the spouse and buy something directly for the single spouse, like say jewelry or furniture. That isn't going to be tracked. I'm dealing with estate taxes now and [b]wish my parents had bought stuff for us kids while alive[/b], because the estate tax is crazy high and its throwing money away to the government. [/quote] Do you think, from their perspective, they were unsure of final life expenses and that made them a little more unsure about giving while alive? I ask that because we wonder about that ourselves - we think we have more than enough for ourselves but giving away significant amount money now (which we have some already) makes me somewhat uncomfortable. We don't want to be burden on our kids in our later years. [/quote]
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