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[quote=Anonymous][quote=Anonymous]I feel like an anonymous forum is the place to vent about this or be put in my place. Each year, sometimes multiple times a year, my ILs give us a substantial chunk of change - in the tens of thousands -- as their way to avoid a higher tax burden (keep in mind they purport to be serious Dems) calling it a "gift" or "donation" to us. They don't ask, just transfer the money. As someone who always worked really hard to become a financial stable person, I get annoyed by this (and don't feel like it's "my" money). Is that stupid of me to complain about free money? [/quote] Frankly, you should at least appreciate the fact that they are able to do this, from a practical and emotional standpoint. My beloved grandfather was a religious investor in stable stocks/companies. He and my grandmother lived through the Great Depression and every purchase was maximized for value. He taught me how to evaluate a stock and encouraged investment even if it was $5 and increased over time. His/my grandmother's wealth increased exponentially in the late '90's and the relatively low estate tax cap at that time worried him. But despite endless conversations with his family and his lawyers about what could be done to mitigate the estate tax he simply couldn't make the decision because the amount of money they were looking at was inconceivable to them and he was cautious. He and my beloved grandmother (his wife of over 65 years) died within 6 weeks of each other. Fully 50% of their estate - which totaled less than $2 million went to the US Government. If you simply can't stand receiving this money and don't need it, start a foundation or something. I get where you are coming from, but just cut it out. [/quote]
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