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Adult Children
Reply to "How many parents still financially support their middle age adult children?"
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[quote=Anonymous][quote=Anonymous]Usually these people say “we don’t need the money, we support ourselves” before naming something they do that is enabled by the gifts they receive from their parents [/quote] Well they probably dont "need the money" and would live differently without the gifts. But if their parents are wealthy and have the money to give, it just makes tax sense to do it yearly. Maybe they'd take different vacations, or their kids would attend public schools, but if the grandparents want to gift enough to pay for Europe and private schools, why shouldn't' they? [/quote]
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