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Reply to "The “DH won’t use inheritance” thread is the #1 reason I will not give my adult children too much $$"
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[quote=Anonymous][quote=Anonymous]We’re rich and do a lot for our adult kids but we’d never pay for their kids’ private schools. That’s ridiculous. [/quote] Why? If you are going to leave $5-10M for each kid, why wouldn't you want them to have the money before you die? Why wait until they are 60 and the grandkids are 30? Obviously it's your choice, but there is a lot to be said for wanting to gift the money now so you get to see your kids/grandkids enjoying it/reaping the benefits. If a family wants to live in a large city for both their jobs, often times the public schools are not the best (lets be realistic). So ideally they need private, and if they live in the city it means a shorter commute (often times saving an hour each way) so that means they get more family time daily. If I had millions, why wouldn't I want to help my kid/kid in law and my grandkids to make that happen? [/quote]
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