I want to give $14,000 to my daughter and $7,000 to each of my sons

 In Interview Coverage

Quentin Fottrell of MarketWatch.com includes Joe Heider, president of Cirrus Wealth Management, in his column, The Moneyologist, providing insight on how a mother can help her daughter, who is in poor health and at risk of losing her job, to pay off a large debt, purchase a home and secure her financial future. “It sounds more like a scenario of undisciplined spending. If your concern is that your daughter may lose her job for health reasons, then how will she and her husband pay for a home that is dependent on their dual income? If you do buy her a home, keep it in your name and charge her rent,” he says.

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