Intergenerational Transfers: Helping Adult Children
When a parent is considering giving or lending a child money, is it empowering, or enabling? Much of the press about parents helping children is cast in a negative light. But what would happen if intergenerational transfers were viewed more positively? The kids would get the boost or help they needed, and parents would feel good about helping their children. Generational transfers can take several forms depending on the purpose and how the money is used.