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Strategies for giving more to your kids

The Meaningful Money Personal Finance Podcast

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Don't Give Anything Away That You Can't Afford to Pay

We've come across it several times with clients. You'd give a house the way, you got tax to pay on it, but you haven't actually had any money for that transfer. The big thing is that you won't have the money any more. And that may have rercussions. As we said in the last podcast, you might need that money for something down the line. So there are obviously implications of giving.

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