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Smart ways to give (or lend) money to family

Eileen Ambrose •
Kiplinger
New contract. Business man signing documents.

Parents spend more than $500 billion annually assisting young adults with student loans, housing, groceries, car payments, cell phone bills, and other expenses, according to a recent Merrill study. For many families, that largesse is in the form of a gift, but some parents may call it a loan and treat the transaction as a

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Tags: Family, lending, money tips


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