” But she still expects me to send her cash for the holidays and yet, has not came and visited me in over 6 years. Her Father called me about 4 months ago and told me he has been trying to get my phone number from her for over 2 years. But she would not give it to him. ...
If you gift cash, generally there are no income tax consequences for the recipient, though there could be gift and estate tax implications to the donor. But if you give appreciated securities, the capital gains taxes can be significant. Also, note that the tax treatment varies widely depending...
Yet, as mothers, we sometimes forget that in our relating to our adult children. When we can view them with some detachment, when our reactions to them are no longer based on expectations or being dependent on them, we are then able to love them fully and freely. Do not look at your ...
How to sell to the parent, adult and child ego statesThe author presents a selling technique in which a transactional analysis may be applied in dealing with a prospect or client.Wood, Dan...
Managing money comes down to creating a sound financial plan, and these budget templates can help. Andrea WorochandJessica WalrackNov. 27, 2024 The Best and Worst Store Return Policies Return policies can make or break a purchase, so choose where you shop carefully. ...
These tips will help you find a qualified and trustworthy pediatrician to take care of your child's health.
You don’t have to get there all at once. Aim for one month’s worth and go from there. If you’re ever in need of cash, an emergency fund will keep you from dipping into retirement accounts, which would cripple your ability to compound gains. Use a safe savings account to make sur...
But what if your child doesn't have any money to participate? There are a couple of options: You can use your own cash to open a smallbrokerage accountwhere your child can make investments You can build a model portfolio of stocks that your child wants to buy someday ...
As noted above, there are no actual limits to how much you can contribute to a UGMA account. But there's an important consideration when it comes to these types of accounts: Anything you contribute to your child's UGMA account may be considered a gift. ...
If you do choose to give your kids an allowance, you can use it to help them set age-appropriate savings goals, like a new toy, gift for someone, or donation to a cause. Guide them through the process of planning andbudgeting.