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Along the same lines as a recent thread: I have a sister who is not nearly as well off as I, and is a single mother. I would like to give my niece some gifts of equity (in addition to toys!), but am unsure what the best way to go about it is. (My niece is 7 years old now.)

I am concerned that by giving stocks to her, I may screw up my sister's tax situation, and may also screw up financial aid once she gets to college age. I guess I could just keep the gifts in my name, but then maybe I'm missing some good tax deal?

Does anyone have any experience with this, and know which route is the best to take? I am talking on the order of low $100s, if that makes a difference. I would also like to be able to sell/buy the stocks if it seems prudent.

Thanks for the help!

--steve
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