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Reply to "Giving kids a down payment "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I was planning to give 100k to each kid. I have two. But one lives in a much more expensive state so I may have to give more like 200k. I wish I could give more to both but that's about my limit. [/quote] But how would you feel if your kid's spouse divorces them 5 years after your gift and keeps half of it? [/quote] Easy enough to write into a prenup. [/quote] However unless the trust/younprovide th e entire cost of the house and ongoing maintenance, the spouse is entitled to their portion they contributed towards for marriage [/quote]
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