I bought several shares of some company in 86 that was bought by Medtronic in the 90s. The shares are currently worth 17,000. What if I sell them?I know I can transfer assets to each of my children to the tune of 10,000 a year tax free. One of my kids is a student and I was wondering if I could transfer these stocks to him. If he sold them, what would his taxes be?
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