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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]My parents offered to pay for private school for my kids. They are now 2 and 4.

It is an incredibly kind offer. But, we can afford private school. We have saved for it, and have enough HHI. My husband feels weird about taking them up on this offer, and worries that in the future it will create tension or a strange power dynamic for them to be paying for something specific. Especially knowing my Mother has a tendency to hold things over our heads... ex... well I got you this so you should use it like this. I hear that... But, I can deal with her. And this is a generous gift that would allow us to put more money elsewhere.

I also know the reason that they offered is because my brother can not afford private school, however, my parents want their grandkids to be able to go to private school and they wanted it to be fair, so they extended the offer to our family. Also, it would not impact my parents finnances greatly to be paying for private school for multiple kids.

My husband wants to deny the offer. I don't think that is his place to say if it is coming from my parents. He said he would consider it if it was a check and not a specific payment, but I think this is his own insecurity and pride. This is becoming a huge disagreement. I am trying to at least understand his persepctive, but, I am having a lot of trouble with that.

Thoughts?[/quote]

Wow. Your husband doesn’t want to accept direct tuition payment but would accept a check??

Basically he will take the money to benefit and enrich himself, but not for his kids tuition?

It doesn’t work as well to take the money directly because your parents can pay the tuition directly without incurring gift tax of lifetime exemption consequences. If they cut you guys a check, after 15k per person per year there are tax consequences.

If you say no, you have to be ok with your sibling effectively inheriting more.

Your husband sucks. I’m very suscopcious of his motives here.[/quote]

They can afford private school on their own and don't need the private school money.[/quote]

But they’ll be back in 15-20 years whining about how their parents are paid the expenses of the sibling while they were alive and the will *still* split everything 50/50 (or whatever). [/quote]

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