Taxes and Paying Off Your Child’s Student Loans
Taxes and Paying Off Your Child’s Student Loans

Taxes and Paying Off Your Child’s Student Loans

 

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Taxes and Paying Off Your Child’s Student Loans

How to avoid the gift tax.

Helping pay off your child’s student loans is a big decision.

Free of excessive debt, your child will have more opportunities. But will your generosity trigger a gift tax?


Read this brief Money magazine article about how to get around the gift tax:

"Will Paying Off Our Daughter’s Student Loans Trigger a Gift Tax?"


Tags:  Children and Finances, College Loans, College Savings, College Spending, Financial Planning, Gift Tax, Student Loans, Taxes, Wealth Planning

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