Our 2 Cents
Episode 205: The Grandparent's Guide to Asset Gifting
Mar 07, 2025
Our2centspodcast
We are back with a great episode of Our 2 Cents with Steve and Gabriel Lewit! On today's show, Steve and Gabriel answer a thought-provoking listener question and dive into everything you need to know about asset gifting to grandchildren. Listen in now using a link below!
- Quotes of the Month:
- "Money frees you from doing things you dislike. And since I dislike doing nearly everything, money is handy." – Groucho Marx
- "Wealth consists not in having great possessions, but in having few wants." – Epictetus
- Gabriel's 'Quick Hits':
- Discover the current landscape of tariffs, shaped by ongoing trade tensions and evolving policies, and what it could mean for you.
- Gain insights about the new tax bill recently passed by the House.
- Listener Question:
- "We've always dreamed of having a vacation home to visit several times a year once we're retired, and while I think we can afford it, I'm unsure whether to take out a mortgage on the vacation home, tap the line of credit on our primary home, or sell some investments to buy it with cash—how would you advise me?" – Terry
- Gifting Assets for Your Grandchildren:
- Explore various gifting options that can help build a nest egg for your grandkids.