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[quote=Anonymous][quote=Anonymous][quote=Anonymous]For those who do accept help, do you have a discussion with your family members about their finances to be sure they can really afford it? I've heard of grandparents making offers they really shouldn't make because their friends were doing something similar. With the high cost of healthcare, poor recent return on investments, and long life expectancy, I worry some about people who are giving away what sometimes amounts to $100k+/year. Some think of it as an early inheritance gift they get to see the benefits from but I'd be careful accepting much without having a pretty good idea of their means. [/quote]

I wouldn’t worry about this unless I were a sibling who feels that my other sibling was taking too much.  Is that you?

Other than that, it’s really up to our parents to plan their own financial futures.  If they make a mistake and have been overly generous with their kids, it should have set the kids up to be in a better position to help them should they truly need it.

What an odd point to raise…[/quote]

Wouldn't you want your parents to actually be in a position to help. People who are accepting $50,000 per year should have a pretty good idea of what their parents have if they are willing to just say yes.

Private school tuition and accounts that should only be accessed for particular purposes (like 529s with WD penalties) are fairly unique in the fact that they don't put the kids in a better position to help their parents, which is why having that type of talk can be important. 
Direct gifts to family members up to the $17,000 annual exclusion amount are different in that regard since that $$ could then be used to help the parents later on.[/quote]

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