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Adult Children
Reply to "How many parents still financially support their middle age adult children?"
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[quote=Anonymous]It depends what you mean by “support.” My parents help out my 37 year old brother to a degree. They don’t pay for big expenses like his rent or his car, but they do things like doing his taxes for him. He’s single, kind of immature, and lived with them until he was in his early 30s. My parents are well off, and my mom recently got an inheritance when her parents passed away, and so for the past 2 years she has been gifting both of us $15k/year as part of her estate planning. I am grateful but don’t need the money to support my lifestyle. On the flip side, we send money to my MIL to support her financially, so the money in from my side and out from my husband’s side basically evens out. [/quote]
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