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Reply to "Giving your married child a down payment, then divorce "
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[quote=Anonymous][quote=Anonymous]You can give a family loan which has a very low interest rate set by the IRS, around 2%. Instead of them paying the interest you count the dollars as part of an annual gift which has a limit of $14,000. At the end of the loan term - say 10 years - you can either gift the principal or re-do the loan. [/quote] My IL’s were going to do this but then decided it would just be a very large gift. [/quote]
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