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Reply to "The “DH won’t use inheritance” thread is the #1 reason I will not give my adult children too much $$"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]We’re rich and do a lot for our adult kids but we’d never pay for their kids’ private schools. That’s ridiculous. [/quote] I think it is actually a very good transfer of resources from grandparents to grandkids.[/quote] Yes that’s exactly what it is. I know very rich people who do the same for their adult children who can afford private school on their own, but they don’t have quite as deep pockets as their parents. Meanwhile the grandparents are looking to bring down their income for tax purposes so they gift money. It’s all very interesting. [/quote]
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