WrapManager's Wealth Management Blog

When life changes, we can help you thoughtfully respond.

What’s the Best Way to Make Tax Efficient Gifts to Adult Children? – Doug’s Quiz Corner

Posted by Doug Hutchinson | CFA®, Director of Research and Trading

March 16, 2018

Quizmaster, Doug Hutchinson, presents his quiz for the month. Here, Doug helps you navigate tax efficient gifting strategies to help a friend transfer wealth to his adult son for school tuition and a future home purchase.

Consider this Scenario:

Your friend Gus is considering helping his son, Walter, with the cost of paying tuition and purchasing a new home over the next couple of years. Walter has two years of school left (including this year) and he is planning to purchase a home next year.

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Tax Planning Estate Planning Doug's Quiz Corner

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Brookmont Capital Management Named Top Guns Manager by Informa Investment Solutions

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The Pros and Cons of Target Date Funds in Retirement Planning

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Aging in Place: Retirement Planning for Home Care Costs

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In the context of retirement planning, most people are naturally drawn to talking about travel, hobbies, grandchildren, and leisure ... [+] Read More