this post was submitted on 10 Oct 2025
86 points (98.9% liked)

Just Post

1233 readers
21 users here now

Just post something ๐Ÿ’›

Lemmy's general purpose discussion community with no specific topic.

Sitewide lemmy.world rules apply here.

Additionally, this is a no AI content community. We are here for human interaction, not AI slop! Posts or comments flagged as AI generated will be removed.

founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[โ€“] Sprocketfree@sh.itjust.works 2 points 3 months ago

Pretty sure this is illegal. 1) you're gifting the stock. Gifts have limits 10k I think? Anything past that would be Grandma's income. 2} when the grandson inherits it they'd be taxed on both the inheritance and then on Capitol gains when they liquidate.