Consider a family loan to avoid a gift tax
With more stringent mortgage lending rules, children may look to borrow money from parents to buy a house.
Putnam Wealth Management
Preserving and sustaining wealth for the future
Clients need help with complex financial planning matters such as efficient wealth transfer, tax and inflation risk, and sustainable income in retirement. Financial-planning experts Bill Cass and Chris Hennessey weigh in each week with a range of insights, tips, and legislative updates.
Consider college savings when making a year-end gift
For investors still contemplating year-end gift ideas, consider giving the gift of education to grandchildren. There is still time to make a gift and fund a 529 college savings...
Three year-end gifting strategies
Some estate-planning strategies require action before the end of the year — and clients may want to consider taking advantage of them before they lose the opportunity. Chris Hennessey...