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[quote=Anonymous][quote=Anonymous][quote=Anonymous]For those who do accept help, do you have a discussion with your family members about their finances to be sure they can really afford it? I've heard of grandparents making offers they really shouldn't make because their friends were doing something similar. With the high cost of healthcare, poor recent return on investments, and long life expectancy, I worry some about people who are giving away what sometimes amounts to $100k+/year. Some think of it as an early inheritance gift they get to see the benefits from but I'd be careful accepting much without having a pretty good idea of their means. [/quote]

I think this is a fair question to ask.  In my family my parents are very open about their finances and invite me to their yearly meeting with their financial advisor.  So I have no concerns about them helping with private school tuition, vacations etc.  I'm also an only child so I will inherit what is left when they pass.  My parents have recognized that they have more money then they will need and that it will be more helpful to me and my kids to receive some of it now rather than in 15 years when my kids are done with college and I'm starting my own retirement.  I am grateful and my parents do not use their money to try to influence us so there are no strings.  People on DCUM generally hate other people who receive financial assistance from their parents but sometimes its just part of smart estate planning.  [/quote]

I hope you aren’t making this up because it’s what we plan to do with our child.  I wish it had been this way for me.  [/quote]

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