Reply to Parents/in-laws paying estate tax to avoid giving while alive

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]They have over $14m and you’re complaining? Seriously?[/quote]

Well over. And they have no plan to do anything about it if the law reverts back. And they hate taxes and big government! But god forbid they put $18k a year in a fund for their grandchildren.

We don’t need the money - we and DH’s two siblings are very successfully employed, a fact that seems to turn my MIL green with envy. She is constantly making snide remarks about it. [/quote]

Yes, it's well-known that parents hate when their kids succeed.  :roll:

I 100% agree with the other poster that she's waiting for your husband to divorce you before she starts giving out the money.[/quote]

So your DH’s financially successful parents were able to give their children privileges throughout their life because of their financial success (likely with the hope their children would be successful) now that their kids are successful they are angry? I know that everyone isn’t rational so this is possible but…they are still leaving their children lots of money.

Maybe they have mixed views about giving their successful adult children millions of dollars. Money can be corrupting at a point. Maybe they want their kids to work as hard as possible in their careers. I personally would pay for life insurance to cover estate taxes and then use those savings to fund a DAF or similar vehicle with the goal of teaching my grandkids to be philanthropic and donate to charitable causes or I might just donate to all those causes during my life.

I wouldn’t worry about this, OP. You and your kids will be fine. If you want more money figure out how to make it yourself. [/quote]

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