Generous offer from parents to pay off the remainder of my student loans as a wedding present, any considerations to take?
Generous offer from parents to pay off the remainder of my student loans as a wedding present, any considerations to take? Hello, as the title states my parents have generously offered to pay off my loan balance as a wedding present to me (total is ~21k). Just wondering if there are tax or other considerations to take into account regarding how to go about this. Directly from their account, transfer into my account and pay from there? Not the most finically savvy so...