Money and hurt feelings Grandparenting advice for family loans
Dallas Boyer of Battle Creek asks how to handle funding grandchildren amid siblings. The column notes the $245000 cost to raise a child to 18, advises deciding if funds are loans or gifts, writing terms, and consulting IRS interest rules. It suggests grandparents say no politely to avoid family strain.
MENTIONED IN THIS ARTICLE
Dallas Boyer
Battle Creek
Dallas
IRS
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