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[quote=Anonymous][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]
I love this! He got to see you enjoy it. [/quote]

+100  My parents have started to make generous gifts -- college contributions, paying for a big house rental each summer so we can all spend a week together.  They want to get the enjoyment of spending it now.  DH complains about it and doesn't think my parents should do it because he worries that they'll need the money.  If they started to just write us annual checks he'd have a big problem with it, feeling like they think we "need" the money.  He came from a poor family where the idea of excess money is incomprehensible.  But, if they want to, I'll accept it to make them happy and use it to visit them or save for our kids' grad school or future homes.  [/quote]

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