Reply to Parents/in-laws paying estate tax to avoid giving while alive

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[quote=Anonymous]Sometimes, successful old people have an identity crisis and wonder who or what really needs them or cares that they still exist anymore. When a grown child needs their money, the senior still has a pull on others. At a minimum, visits to the grandparents get made to generate favor. And, who knows, ma and pa might surprise everyone with a nice gift. Likewise, if the grandparents are paying for kids private education. There is a sense that they still matter and make a difference. However, when kids are doing great and don’t need the grandparents or their money, there can be a sense that the grandparents don’t really have a role to play anymore. Of course, the ideal role is that their children and grandchildren just enjoy their company and want them around, but that’s a small minority of situations. Basically, OPs situation is a power play by the grandparents, as they’re miffed that they’re not really needed or wanted, yet they know that the kids might get their money anyway someday. [/quote]

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