The kids quite likely won’t be in favorable tax territory forever, so I’d recommend gifting the low basis shares sooner rather than later. One of my 4 is in as high a bracket as we are now, so the window of opportunity is shut now.One question is what would happen to the stock when gifted. Would they sell for funds, keep it or reinvest it? If you are more financially literate then they, it could be better to give them cash if that is what they currently prefer with you continuing to invest the amounts in stocks on their behalf or in case you had an emergency.
Statistics: Posted by TomatoTomahto — Tue Jul 02, 2024 8:01 am — Replies 11 — Views 652