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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]i would be ashamed to let my parents pay for my kid's college tuition if they were still alive.  Have some pride people![/quote]

The IRS excludes direct payments for education or medical care from the gift tax. Thus paying for educational costs is a well known technique in estate planning.

There are arguments to be made against this practice, but in the current tax environment it is an established method for inter-generational transfer of wealth.[/quote]

I would be completely embarrassed if my parents paid for any of my degrees or homes, so would dh- never mind my/our parents paying for the children.  Grow up, take some responsibility and be an adult, people![/quote]

I feel very adult as I manage my estate. I really do! I'm thankful for all that I have and so grateful for the ability to help others. I guess it really is a good thing that the world is full of different sorts of people. Personally I would feel like a bad parent if I saddled my children with debt, or wasn't able to give them the life that I wanted for them (or for us), or to be able to volunteer and donate as much as we can. I go to bed with an easy conscience, I promise you. [/quote]

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