The Best Ways To Give Financial Gifts To Your Grandchildren

Stepping Into The Great Wealth Transfer | How, and Why, to Give to Your Grandkids | How to Get a Refund on Your Water Bill If Your Faucet Leaks Created for {EMAIL} | [Web Version]( December 29, 2023 CONNECT WITH KIPLINGER  [LinkedIn]( [Facebook]( [X]( [Instagram ]( [Youtube]( [SIGN UP]( ⋅ [WEBSITE]( [] INTRODUCTION [] - [Stepping Into The Great Wealth Transfer]( This is the last Friday of 2023 and I want to share some of my favorite articles from this year. Generational wealth is a topic that has a lot of interest. Kiplinger has covered the impending [great transfer of wealth from Boomers to GenX]( and how [changing IRS rules]( can undermine estate plans. Kiplinger contributing writer David Rodeck shares not only how to best gift wealth to your grandchildren — but explains [why your financial gifts can help set the next generation up for success](. - Donna LeValley, personal finance writer P.S. I welcome your questions and suggestions about this newsletter – you can reach me at d.levalley@futurenet.co [7 Secrets to Know About Hiring a Financial Advisor]( Choosing a financial advisor is a major life decision that can determine your financial trajectory for years to come. Be aware of these 7 secrets comfortable retirees know about hiring an advisor, so you can find peace of mind and potentially avoid years of stress. [LEARN MORE]( ADVERTISEMENT [] TOP STORY [] [How, and Why, to Give to Your Grandkids]( [How, and Why, to Give to Your Grandkids]( (Getty Images) It’s a grandparents’ prerogative to spoil their grandchildren. I’ll never try to discourage anyone from doing so. But there are better ways to use your resources to enrich the next generation. [Here are some different gifting methods and strategies that can help your loved ones make the most of your generosity while also improving your relationship](. [] REFUNDS [] [How to Get a Refund on Your Water Bill If Your Faucet Leaks]( [How to Get a Refund on Your Water Bill If Your Faucet Leaks]( (Getty Images) Sometimes a drastically higher water bill is how people discover there is a hidden leak gushing gallons. And I didn’t know that you could get a refund if you had a leak that ran up your bill. [Learn about the requirements to get that refund from your water authority](. [12 Reasons to Use Empower to Help You Plan Your Retirement]( Easily include additional sources of income such as Social Security, rental income, pensions, and windfalls. [READ MORE]( ADVERTISEMENT [] SAVING AT HOME [] [Use This Thermostat Setting to Save Money This Winter]( [Use This Thermostat Setting to Save Money This Winter]( (Getty Images) Controlling the thermostat can be a tug or war — with different people in one household moving it up and down to suit our preferences. I have a tie breaker that can end these tussles. [Read on to learn the optimal setting for your thermostat that will keep you comfortable and keep the heating bills](. [Share Your Life Story]( There is no greater gift you can give to your loved ones than the story of your life. We will create your private memoirs in a beautifully handcrafted book. A richly rewarding experience for you and a priceless gift for your family. Call today on (844) 399-0426 to find out more. [LEARN MORE]( ADVERTISEMENT [] ALSO ON KIPLINGER [] - A new IRS gift [if you owe back taxes]( - [10 things you should know]( about long-term care insurance - Collectibles prove to be [a solid asset class for investor]( - [U.S. trade gap widened]( in October ABOUT KIPLINGER When we write about money, we get it right. So the decisions you make with your dollars are also right. Kiplinger is a trusted provider of unbiased financial advice, objective business and economic forecasts, and practical help to millions of business professionals, investors, and individuals seeking to make more profitable decisions with their money. Our [flagship publications]( include [Kiplinger Personal Finance]( magazine, [The Kiplinger Letter]( [The Kiplinger Tax Letter]( [Kiplinger Retirement Report]( and [Kiplinger Investing for Income.]( All are regarded as the leading publications in their respective fields. Every day, millions of readers rely on our [free e-newsletters]( for help on everything from getting the best rate on a mortgage or car loan, to managing their businesses in an uncertain world, avoiding an IRS audit, building wealth for a secure retirement, or investing wisely in any kind of market. Now it’s your turn to reap all the rewards Kiplinger has to offer. Visit [Kiplinger.com](, your gateway to all of the above and much more. Check in any time for our latest advice on how to make more money, and keep more of the money you make. Stay right on the money, with Kiplinger. [Sign Up]( | [Print Publications]( | [Unsubscribe]( [Privacy Policy]( | [Cookies Policy]( | [Terms and Conditions]( CONTACT US: [FEEDBACK](concat('mailto:',$brief_feedback_email)) | [ADVERTISE]( [Future]( Future US LLC © Full 7th Floor, 130 West 42nd Street, New York, NY, 10036