For questions relating to personal finance issues within families, e.g. parental benefits, marital finances, cost-sharing, etc.

learn more… | top users | synonyms

3
votes
0answers
155 views

How do I transfer/cash-in stocks from another country?

My father passed recently and I was just informed that I inherited or have stocks that he had previously purchased in my name, the stocks are located in the country my father is from where he was also ...
2
votes
0answers
293 views

Dependent care FSA: Paying a grandparent for providing childcare?

I have a dependent care FSA account that I set up. Both my wife and I are employed. I would like to use this money to pay for my child's care at home by his grandmother. I already know that I can ...
1
vote
0answers
82 views

Financial product with high variance, instead of lottery

When I was a kid, our family would once a year play the lottery. We kids talked with our parents about what we would do if we won the jackpot, and whenever we won something small like $100, we would ...
0
votes
0answers
89 views

Can my parents lend me an intra-family loan for college?

Can I take out an intra-family loan from my parents for college without it being labeled as a gift? I have googled it quite a bit now(my favorite link is http://www.americanbar.org/content/dam/aba/...
0
votes
0answers
60 views

Is Gift tax due on transfer of USD and mutual funds from non US citizen brother outside USA to sister, Permanent Resident in USA?

My sister is in USA for many years, as a permanent resident. I wish to send her about 150K $ as gift from my bank account abroad. I am an Indian citizen. These funds are from my savings while working ...