Veronica Dagher

speaker

3,082 appearances 51 recordings 1 series first heard Sep 2017 last heard Jan 2025

Veronica Dagher’s voice in public audio — every appearance, attributed to the second.

Trend

recordings per month · last 12 months

No recordings in the last 12 months.Older appearances are listed below; set an alert to hear about the next one.

Appearances

newest first · ▶ plays the moment

WSJ Your Money Briefing · How to Ask Your Parents for Money · 4 Jan 2024 podcast

Yes, big time. matched

And so many advisors tell me do not keep this as a secret transaction because if you keep things secret down the road, siblings will ultimately find out, and that can cause families to fall apart actually. matched

So if you have siblings, realize that your parents might want to create some sort of written documentation for the gift and update their estate plans accordingly because they probably have a very – matched

clear idea of what they think is fair and what they think is equal, they might also, and you really might not be comfortable with this, they might want to have a conversation with your siblings now about the fact that you're getting a gift because they want to keep that family harmony down the road and avoid those family secrets and reduce some of that tension after they're gone. matched

Yeah. matched

So tax rules for gifts can be complicated. matched

But unless it's a really big gift, there's really nothing for the giver to worry about. matched

And recipients generally don't owe income taxes on gifts. matched

Now, of course, size makes a difference. matched

An individual can give an unlimited number of gifts, up to $18,000 each for 2024 gifts. matched

with no federal gift or estate tax consequences. matched

And, you know, it's a much larger gift than the giver is going to have to report larger gifts on a federal gift tax return. matched

It's their right. matched

It's their money. matched

So if you are denied, you know, you want to accept it and move on. matched

Your parents may have their various reasons, maybe as simple as they can't afford it or they want to give you less than what you asked for or they just don't think you're ready for that sort of gift. matched

It's important to not assume anything. matched

Don't assume that you're entitled to any of their money, even if they are very wealthy, just because you're their kid. matched

WSJ Your Money Briefing · Why Downsizing Your Home Isn’t the Money Move It Used to Be · 13 Oct 2023 podcast

Home values have really gone up so much, making people's homes a lot more valuable than they were just five, ten years ago. voice-verified

And so for those who have lived in the same home for decades, if you go to sell, you could face some really significant capital gains taxes. voice-verified

Showing 761–780 of 3,082 · page 39 of 155