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Reply to "Giving kids a down payment "
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[quote=Anonymous][quote=Anonymous]Is the child married? If the marriage breaks up, are you comfortable with the spouse keeping half?[/quote] Ya, rather than interfering with them buying a home together as a couple, or your child losing your gift to a divorce, instead of giving them money earmarked for a home purchase, put the bulk of any money you want to provide them in a trust for them, and give them annual gifts as you desire. [/quote]
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