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Reply to "Write a check this week for 10k to help your parents?"
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[quote=Anonymous]Does sibling have student loan debt? Just because HHI is high doesn't mean they don't have an extra mortgage payment there. Their million dollar home may need a new roof, new windows, other repairs that are wiping them out. Also, are you comparing medical coverage costs? Ours are VERY HIGH- about 15% pretax and that gets us a high deductible account for a young, healthy family. Just because they live in an expensive home doesn't necessarily mean they have millions in their rainy day fund. If you are going to give the gift, you have to give it with no strings attached- otherwise you are going to start keeping track of how many hours in-law's watch kids, translated into dollars translated into your 'fair share'.[/quote]
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