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Reply to "Why do so many of you NW adults have Trust Funds or get parental help?"
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[quote=Anonymous]The trust my grandmother set up for each one of her grand kids paid for my undergrad education. My dad assisted in my grad school. He waived my mom's life insurance policy when she passed so I could use the money as down payment input home and avoid PMI just as his mom gave him money to buy his first house. His annual checks helped pay for my IVF which produced the three grand kids he was so happy to have and when he passed two years ago I have used some of my inheritance to supplement our income so I could go part-time (and soon I will SAH). All things he would have supported. I don't feel guilty or bad. We could still afford to live in this area without the help, but would be in Germantown suffering through 1 1/2 hour commute. I may make you sick, but I feel fortunate. My intent is pay for our kids education and to leave them with a modest inheritance. In my mind, nothing wrong with that.[/quote]
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