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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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Is it Better to Fund College Expenses from a Taxable Joint Account or an IRA? -  Doug's Quiz Corner

May 16, 2017
Quizmaster Doug Hutchinson presents his monthly wealth management test. This month he quizzes your knowledge on whether it’s better to pay ... [+] Read More