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Gifting brokerage account to parents?
Gifting brokerage account to parents? We make >600k between my spouse and I - my parents are retired and make 80k a year via pension and social security. I want to gift my parents some money to make some home improvements on their place. I have a brokerage account with a bunch of unrealized gains. Can I gift them my brokerage assets directly and then have them take out the money at ...
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