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Reply to "Do you feel comfortable approaching your parents for help with large expenses?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I never received money from my parents as an adult, nor would I ever ask (unless it were life or death). I believe that adults should take care of themselves. [/quote] +1 I don't relate to grown adults who accept money from their elderly parents. If you can't afford your fancy wedding, your house, your addition, your car, private school, whatever - you have to make different choices. No one is entitled to anything. Period. That is precisely what being an adult is. No one has to take a hit for you. [/quote] I appreciate this, but do so with the recognition that you don’t understand how the wealthy estate plan. My parents have an estate of about $35M. They take advantage of lifetime gifting allowances and trusts/insurance etc for what is a descendent trust. I’ve never asked for money, but receive it anyway. It’s okay if you don’t relate to me as I don’t relate to your judgment of this either.[/quote] It must be so hard to be judged. Condolences.[/quote] It’s not difficult to be judged by people who simply don’t understand wealth. [/quote]
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