One couple was at a loss when their adopted daughter was upset that they were not going to help her financially with college as much as their biological daughters. They tried to explain but it just made things worse.
Okay, so some backstory first. My wife and I have 3 daughters, 27, 25, and 18. Our oldest two are ours biologically, and we adopted our youngest at age 7 after my sister passed.
My in-laws were pretty comfortable financially and set up college savings accounts for our oldest two daughters when they were born. My parents and her mother and I contributed to these accounts as well, but mainly my wife’s parents.
The problem is that my wife’s parents passed before we adopted our youngest daughter, and therefore they did not set up a fund for her. My wife and I created one for her when we adopted her, but with less time and without my in-laws’ help.