I don't see it a "mooching" off your parents well into your 40's if they say they will "give it too you"... If folks are rich and retired and in relatively decent health and do all the things they've every wanted to do, and have money left over, then why give it back to government in the form of probate and estate taxes after they die when they can divvy out the funds now and live the life they envision their children's children having?
Besides, materials on last so long, it is the value of money that makes the difference in the form of T-bills, trusts and other financial tools.
I know of one family that basically traded a large house with their son and his family for their son's smaller property--condo, where they parents turned the profit for the sale of the condo to another one for seniors in a nicer neighborhood, with more amenities... The parents reasoning was the house was too much for them to care for after the kids were all grown and their son and his family needed it more...
My mom takes care of my nephew for one day and would do it more often if she could. However, I doubt that my brother would take care of her if she would become sick--simply because he's a butthole like that--which means I'd have to leave my husband and my home where I am to care for her and my dad, because he's sick too...
That just sucks...
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