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
 

Related:

  Of Significance Posts 
  Wealth Management Posts 
  Trust Services Posts 
  All 'Of Significance' Posts 
 

Share:

Share via Email Share via LinkedIN Share via Twitter Share via Facebook Share via Google+

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

Note:  The content of this article is for guidance and information purposes only and is not intended to be construed as advice. Information provided is not intended to provide investment, tax, or legal advice.

External Links:  This page may contain External Links. By clicking on these links, you are leaving the TC Wealth Partners website and going to a third party site. We are not responsible for the products, services, and content provided on third party sites. We also cannot endorse or guarantee the information or recommendations provided on third party sites. To learn more about our Security and Privacy policies, please visit our Terms of Use section.
 
 
Trust services and retirement plan services are provided by the Trust Company of Illinois, a trust company chartered by the Illinois Department of Financial and Professional Regulation.