Personal Investments • gifting $ to adult children in tax efficient way

Sounds to me that your parents are doing enough without you trying to squeeze more juice from their assets.
I said all that I need to say here. Have a good life.

We gift our children to the annual no-need-to-report maximum. If one of the kids found a more tax efficient way for us to do so, I would take the suggestion on board. I would then decide whether the suggestion worked for us. The kids have different tax situations, so for the time being we just do it in cash out of taxable accounts.

Statistics: Posted by TomatoTomahto — Tue Jul 09, 2024 9:54 am — Replies 25 — Views 2424

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