Gifting Money to Family: How to Do So Without Harming Your Financial Plan

Do you want to give meaningful gifts to your loved ones without derailing your financial goals? In this video, we review the do's and don'ts of gifting to family and friends.

From tax implications and the annual gift tax exclusion to alternative approaches like 529 plans and appreciated securities, we'll guide you through what you need to know. Tune in to learn how to give gifts that last while staying on track with your financial plan!

This content was written by Spencer S. Hall CFP®, RLP ®, CKA ®, MBA, MDiv

Spencer is a Certified Financial Planner™ with 14 years in the field of retirement and financial planning. As a second-generation financial advisor at Retirement Planning Services, Spencer brings a wealth of experience and passion to help clients align their wealth with their core values.

Advisory services offered through Retirement Planning Services, LLC.

The information in this article is intended for general educational and informational purposes only, and should not be construed as investment advisory, financial planning, legal, tax, or other professional advice based on your specific situation. Please consult with your professional advisor(s) before taking any action based on its contents.