Is there a way to help my parents pay off their mortgage without having to pay taxes?

I am not trying to evade taxes but I have paid taxes on all the money I have earned. I want to help my parents pay off their mortgage ($160K) before they are too old to enjoy life. But are they going to have to pay taxes on the money I give them?

How do I persuade my parent’s into buying a new cell phone for me?

Every time I bring it up they always say, “If you bring that up one more time…” They never listen to me! I really want a new cell phone!
Also, if I ask if I can buy it with my own money they ignore me…

Do you have child who have recently started the college? If yes, this might be very hard time for you and children at present. You may realized that your kid is no now longer a kid any more and they are adult now. Though we want best for our kids there are a few things [...]

Can more than one parent receive money on the same child for the extra tax refund?

Even though only one parent can claim child when filing. The tax documents still ask if you have a child. In other words if I am single and did not claim my child but still have a child do I receive any money or does it go to the parent that claimed the child?

Can a minor create a bank account without the help of a parent or guardian?

I’m at least 17 yrs old and my mom seems to want to hold on to my money since I made my sister close my old account. I earned the money by getting my self a job so its not my parents money.

What are the laws for an heir if a parent died in Michigan and the heir is a New York state resident?

My estranged father died in Michigan.My mother and father have been divorced since I was born and I’ve been notified that I am the heir. There is a small property and not a whole lot of money. What are the estate procedures for this?

Being a good parent - are these really two separate issues?

Ive noticed that when we talk about good and bad parents, it’s easy to say that you need to be financially sound, but then it can offend people who are poor that say that they are also good parents and money has nothing to do with this issue.
Well, do you feel that the two issues [...]

Numerous factors create stress within a family, but the current world financial crisis is hitting many homes all over the world. How does the family coupe with this type of stress?Many families do not have an entirely stress free financial existence. While stress is common within families, sometimes the level reaches beyond the limit, resulting [...]

How do I go about establishing a legal parenting plan?

My and I have 2 children and things were going okay until recently and it has occured to me that we need a very detailed parenting plan that we are legally obligated to follow.
Does it cost money to have an arbiter help us with the matter? Who do I talk to, what do I do? [...]

How many of you used Parent’s Choice formula? Did you have good results on it?

I used it exclusively for my son and he did great on it. At that time I didn’t have the money to spend on the more expensive brands. Same for diapers, too. Did anyone else use Parent’s Choice and how did you like it?
Please note I am not looking for essays on “breast is [...]