PlayerTwoEntersYou t1_je27bhe wrote on March 28, 2023 at 9:38 PM

Reply to comment by Quicksix666 in Lock Stock and Two Expresso Shots by CantStopPoppin

And an optic ranged at 100m, you know, for self defense.

This is a clueless person trying to get a reaction from people.

PlayerTwoEntersYou t1_j1ztga8 wrote on December 28, 2022 at 5:03 PM

Reply to What kind of fund can someone set up for their parent? The only contributions would be from my earned income. by Fattywatah

If you want your parents to have 100% control of the money, ask them to set up a brokerage account you can send funds to.

If you want some control over it, you can set up a trust. It really depends on how much money you are talking about and what the goal is.

Edit: also, you have to file if you go over the annual maximum (x 2 if you gift each parent). Current maximum lifetime gifts before taxes is $12 million.