I have bladder cancer and nothing more can be done except immunotherapy, I am thinking of giving my daughter money now instead of leaving it in a will, I would enjoy seeing her spending ( or saving) it while I am here, any thoughts?
I have bladder cancer and nothing more can be done except immunotherapy, I am thinking of giving my daughter money now instead of leaving it in a will, I would enjoy seeing her spending ( or saving) it while I am here, any thoughts?
I'm sorry to hear about your situation. I'm no tax expert, but I agree that it could make sense to explore how much you can gift tax free.
It's not that much, just thinking of transferring it to her account now
It's not that much, just thinking of transferring it to her account now