Mother’s Day: Financial gifts for your adult children

   EDITOR’S NOTE: We’re running Edward Jones column that should have run last week for Mother’s Day.
   Mother’s Day is almost here. 
   If you’re a mother with grown children, you might receive flowers, candy or dinner invitations. However, you might find that you enjoy the holiday more by giving, rather than receiving.
   Here are a few financial gifts to consider:
   First, you could contribute to your child’s IRA. 
   You can’t contribute directly, but you can write your child a check for that purpose.
   You could also give stocks. 
   You’re probably familiar with the products your children buy, so why not give them some shares of stock in the companies that make those products?
   Also, you may want to donate to a charitable organization your child supports.
   Finally, to help protect the legacy you’d like to leave to your children, take steps to ensure your estate strategies are in order.
   Mother’s Day is certainly a good opportunity for your children to show their love for you. 
   And you can do the same for them by helping bolster their long-term security through financial gifts and legacy planning.
   This article was written by Edward Jones for use by your local Edward Jones Financial Advisors John Dickerson & Hawes Dickerson. Member SIPC.

Rate this article: 
No votes yet