Giving to your children
December 4, 2019
I’m Miriam Neff-with STARTING OVER FINANCIALLY, and I’m Valerie Neff Hogan, and we’re here to talk about money
M Scripture says bless your children and grandchildren. Larry Burkett said, do your giving while you’re living so you’re knowing where its going. In other words, give with a warm hand. Here’s a way to bless them. You can see what they do with what you give.
V This year you have an option to give $15,000 each year to relative with no tax paid. If they are married, the amount is $30,000. You see how they spend it. You gain wisdom as to what they might do with an inheritance. Its their choice, however, you observe. Are they frivolous? Thoughtful and practical? Selfish or generous?
M An idea worth thinking about.