My mother is giving my son $100K for a down payment. Can she wait until the last minute to put the money in his account?

“She really doesn’t want to send it to them until they’re ready to make the purchase.”

Topics

‘I worked hard for my savings’: I’m 71 and a retired teacher. I want to give my kids money — but my daughter spends lavishly and my son is wealthy.

“I have been reading about the idea of giving your children money when they need it the most, rather than waiting until you die.”
MarketWatch - 3h
My friend has a dependent son, 32, who drives without car insurance. Would his parents be criminally liable if he has an accident?

“They declare him as a dependent for tax purposes.”
MarketWatch - 3h
Tiny Love Stories: ‘My Mother Upstaged Jesus’

To celebrate the season, we gathered five of our favorite holiday-themed Tiny Love Stories.
The New York Times - 2d
Will holding TIPS in my brokerage account ruin my year with ‘phantom tax’?

You not only have to worry about tax on the interest, but also on income earned along the way.
MarketWatch - 9h
‘She has two financially stable children’: Does it make sense for my wealthy mother, a recent widow, to take out a $100,000 life-insurance policy?

“It was generous of our mom to offer.”
MarketWatch - 1d
‘I’ve always been very good with money’: Should I put my wife on the title of my home, investment property and my late father’s house?

“If I die and she sells the properties, would she have to pay a lot of capital-gains taxes, especially on the houses we don’t live in?”
MarketWatch - 1d
‘It changed my idea of what games can be’ – the 31 games readers couldn’t put down in 2024

From the grisly Space Marine 2 to the glorious Metaphor: ReFantazio, it’s time for Pushing Buttons subscribers to share their games of the year. Happy Christmas, Pushing Buttons readers! My sincere ...
The Guardian - 1d
The Christmas that went wrong: We went into last-minute lockdown – and I had to spend the big day with my ex

Covid was everywhere, the fridge was empty and my former partner was coming to spend the day with me and my new girlfriend. Christmas was doomed … wasn’t it?. The year was 2020 and Christmas itself ...
The Guardian - 1d
My Social Security benefit will be $4,500 a month. My wife’s is now $615. Can she get more?

“She stopped working about 15 years ago and started drawing her Social Security when she was 62.”
MarketWatch - 2d

My mother is giving my son $100K for a down payment. Can she wait until the last minute to put the money in his account?

Topics

Related

‘I worked hard for my savings’: I’m 71 and a retired teacher. I want to give my kids money — but my daughter spends lavishly and my son is wealthy.

My friend has a dependent son, 32, who drives without car insurance. Would his parents be criminally liable if he has an accident?

Tiny Love Stories: ‘My Mother Upstaged Jesus’

Will holding TIPS in my brokerage account ruin my year with ‘phantom tax’?

‘She has two financially stable children’: Does it make sense for my wealthy mother, a recent widow, to take out a $100,000 life-insurance policy?

‘I’ve always been very good with money’: Should I put my wife on the title of my home, investment property and my late father’s house?

‘It changed my idea of what games can be’ – the 31 games readers couldn’t put down in 2024

The Christmas that went wrong: We went into last-minute lockdown – and I had to spend the big day with my ex

My Social Security benefit will be $4,500 a month. My wife’s is now $615. Can she get more?

More from MarketWatch

Biden’s gift to Trump: Golden opportunity to supercharge the economy

‘Santa Claus rally’ is here — but can the stock market avoid the ‘Grinch pinch’?

Palantir’s most bullish analyst sees stock falling nearly 10%

Treasury yields erase early gains after blockbuster 7-year auction

Oil prices slide as traders await fresh supply data