The Motley Fool Discussion Boards

Previous Page

Financial Planning / Tax Strategies

URL:  http://boards.fool.com/i-would-think-2-checks-would-be-sufficient-if-mom-15930518.aspx

Subject:  Re: Poll: Gifting money to purchase a home(m) Date:  10/15/2001  6:40 PM
Author:  conick Number:  54602 of 121095

I would think 2 checks would be sufficient if Mom and Dad have a joint checking account. 1 for $20,000 to the her and 1 for $10,000 for her daughter.

BWDIK (but what do I know)

Go with 3 checks to be safe.


Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us