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[quote=Anonymous][quote=Anonymous]One of 3 siblings offers to pay private school tuition for a 6th grade nephew due to specific circumstances.  Nephew applies to a variety of schools and the cheapest option, after financial aid, is one that would otherwise be one of the most expensive.  His parent enroll him and aunt pays the $10K that’s left each year of the $50K tuition.

The third sibling has 3 younger kids.  His income is a lot lower than sibling 1, but solidly upper middle class, and much better off than sibling 2. Family has made choices like a large house in an expensive area (with great public schools) that would make it impossible for them to pay 3 tuitions at the kind of school the other cousin attends.

Sibling 1 intends to be “fair”.  While they initially made the offer due to specific needs for a specific child, they want to treat all evenly.  They offer sibling $10K (will adjust for inflation) per kid per year for middle school and high school.  Sibling 3 and spouse don’t feel that’s fair.  They feel as though if one cousin gets a $50K education their kids should too.  They also feel that  limiting it to 6th and up is unfair as well.

What do other people think?[/quote]

Curious what Sibling 1 spouse thinks or says in the matter. 
Are they gifting out the same amount or thing for that sides nieces and nephews?

Frankly family 3 sounds like ungrateful pricks. They should go make the best of public school.

I don’t know anyone’s sibling flinging out $10,000 per family member per year. Wealthy grandparents yes, and it’s estate planning, but not people in their 40s or 50s even income jobs or in the money RSUs. There’s too much uncertainty and volatility in companies and the market to make those kind of promises unless your liquid net worth is over $20m. I work in institutional investing. Gifting out $10k gross times 5 other peoples kids a year is a lot of money if you’re still relying on income or even investment income.  [/quote]

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