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Reply to "How to equalize financial gifts to adult children"
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[quote=Anonymous]I am looking for ideas about how to fairly pass funds to my two children. We are in our 60s now and expect that our estate will be subject to federal and state estate taxes when we die. We have two adult children, one of whom just married. Our other child is single. My spouse and I would like to each gift the maximum amount ($19,000) this year to both children and to our child's spouse. This would result in our single child receiving less. I know that we need to consult an attorney, but I am wondering if people have suggestions for how they have handled this to make sure things are equal. I am thinking that the best option would be to put an equal amount in a trust each year for our single child.[/quote]
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