Reply to Is 25 too young to marry if you still need parents help?

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Reply to "Is 25 too young to marry if you still need parents help?"

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[quote=Anonymous][quote=Anonymous]There are 40 year olds on this forum who admit their own parents are paying for their kids' private schools, giving them money for a house downpayment, funding college tuition, and otherwise helping them to keep up with the Joneses.

I'd much rather help newlywed 25 years old financially than 40 or 45 year olds who are still expecting help with their bills from their parents.[/quote]

However, if the parents are wealthy, what is the harm in giving your kids the house downpayment, helping with grandkids private school tuition and/or college tuition?  I can't take it with me when I die.  It simply makes tax sense to gift the max amount each year to our kids and their spouses (and the grandkids if they arrive). 
However, I would never do this if my kid plans to work only 20 hours/week for no reason other than "they just don't want to work".  But as long as the kid and their spouse are working hard and not living beyond their means.  But why wouldn't I want my kid, their spouse and my grandkids to live in a nice area with good schools, where their commute is only 10-15 mins vs an hour each way so they can have quality family time.  I'd rather see my millions do some good while I"m alive and at a time that will help the most.     But if they are not going to work, going to constantly go on expensive vacations and expect the money from us, then it wont happen. [/quote]

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