How to Financially Support Your Child’s Wedding

How to Financially Support Your Child’s Wedding: In this episode of Ask The Hammer, Jeffrey Levine of Buckingham discusses the best way for parents to financially support their child’s wedding. He explains that there are large gift tax exemptions in place, so parents can give up to $17,000 per person per year without any tax consequences. He also notes that parents can give appreciated stock to their children, which can be beneficial for both parties from a tax perspective. Watch more episodes of Ask The Hammer on finStream TV at this link: https://www.finstream.tv/videos/ask-the-hammer/