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[quote=Anonymous][quote=Anonymous]My wealthy grandfather did the same thing. He would gift every family member $15k every year because "I can't spend it when I'm dead." He died last year and the final estate value was around $2 mil instead of $10 mil. That money he gave all of us over the years paid for college, first homes, trips overseas, etc. It was incredibly generous of him and I cannot imagine anyone complaining about such a gift.[/quote] That was nice of him! Was he born wealthy or he had to work hard for his money? Whatever the case, he must have been an emphatic person that knew how hard it is paying the mortgage, paying medical bills and college institution. When your parents would get the money from him, that money likely trickled down to you in some form as well. [/quote]
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