Page 42 - Ultimate Guide to Estate Planning Third Edition_Neat
P. 42
irrespective of whether they complete a degree
or attain a certain grade point average.
Your lifetime gifts may have been to help them
with their marriage celebration, ceremony or
even a honeymoon that followed. Aren’t you
celebrating them, expressing to them how
important family is, or how important the
institution of marriage is, by helping them
with this lifetime gift?
The lifetime gifts may have been associated
with the pride of home ownership, so you have
helped them with the down payment or
purchase of their first home.
You may have expressed the importance of
adequate healthcare by helping them with
needs associated with medical issues. Have
you helped them with travel? Taken them on
vacations? You’re communicating values, your
values, when you’ve given these lifetime gifts.
Have you considered helping them purchase a
business? Start a business? Invest in real
estate? Buy their first vehicle? Pursue an
advanced degree? Purchase a family cabin?
41