How to Split Up Money From a Will Amongst the Grandchildren?

Answer Writing a will gives the ability to choose what happens to your assets after you die. Often, grandparents leave money to their grandchildren to pay for educational expenses or to provide a cushion ... Read More »

Top Q&A For: How to Split Up Money From a Will Amongst the G...

Is money given to grandchildren for education a tax deduction?

Up to $4,000 a year for qualified educations expenses are deductible by the grandparent only if the grandchild is a dependent exemption on the grandparent's tax return. Dependents cannot be claimed... Read More »

Can I give my grandchildren money for college& count it on my taxes?

Giving your grandchildren money for college counts as a gift for the IRS, and gifts do not generally affect income taxes. Any amount under the annual exclusion rate, which was $13,000 per gift reci... Read More »

I will have some money from Egypt soon what to do with the money?

Put it in a money market account now with Vanguard or Fidelity. You can use the money as needed. It will not be tied up.

How can I weed out a good contractor from amongst the douche bags?

The advice given to me which I shall give to you is...Get referencesCall references, ask how the job went? also if there were any problems did he fix them?Okay I went searching around and found thi... Read More »