I know a couple of different situations where one member of a family has become fairly wealthy - many millions in the bank and near 7 figure annual income - as a result of professional success. In these situations, the wealthy person has adult middle class siblings... not struggling, but very much middle class.
Was discussing this with a friend recently and his opinion was that if he had many millions in assets that he would gift enough money to his family members to make a difference in their lives. Maybe a few hundred thousand - enough to pay off all debt, create a nest egg, make their lives easier in general.
At what point do you have enough money that you start doling it out to your family and or close friends just to be nice? Or do you at all?
PLEASE don't PARFify this!
