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Full coverage· Economy· Updated

Mother Gifts Children NIS 60,000 Each for 18th Birthday, Enabling Joint Property Purchase

Carmi Or gives each of her five children NIS 60,000 on their 18th birthday. Two sons combined their inheritance and, with their mother, bought an investment apartment in Beit She'an for NIS 615,000. Or encouraged her children to save for property as she could not afford to buy them apartments.

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What happened

  1. 01Carmi Or gifted NIS 60,000 to each of her five children upon turning 18.
  2. 02Two sons pooled their inheritance and bought an investment apartment with their mother.
  3. 03The apartment was purchased in Beit She'an for NIS 615,000.
  4. 04Or stated she could not afford to buy apartments for her children.
Translated and summarized by baba from Haaretz, the latest report. Read Haaretz’s original

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