Ask MoneyTalk: How can I protect my loan or gift to my child?
You might not say it out loud, but you may privately wonder if your child’s marriage will stand the test of time. And if you also give or lend your child money from time to time, you may worry what might happen to that money if the marriage falls apart. Francois Desmarais, a Tax and Estate Planner at TD Wealth, joins Kim Parlee to discuss some ways to structure a gift or loan.