wanaberetiree
Full time employment: Posting here.
- Joined
- Apr 20, 2010
- Messages
- 718
My daughter and SIL are considering to buy a house.
It will be costly proposition in the San Francisco/Bay Area as prices are too high.
I would like to help them, considering allocating something like $50-150K. My SIL is hesitant to accept this.
I am looking for advice on how other people actually 'give' money to kids. In particular, those of you who has done this, would you just gift it? Would you give them a loan? How would you do it? How have you done this?
It will be costly proposition in the San Francisco/Bay Area as prices are too high.
I would like to help them, considering allocating something like $50-150K. My SIL is hesitant to accept this.
I am looking for advice on how other people actually 'give' money to kids. In particular, those of you who has done this, would you just gift it? Would you give them a loan? How would you do it? How have you done this?