18 Mar 2026 | 5 Mins Read
Tax-efficient ways to gift securities to your kids
Flipitmoney
- For minors, a new account must be opened in their name with a parent or guardian operating it. - Income generated is temporarily clubbed with the parent's income. - For effective gifting, parents should keep a long-term time horizon, diversify investments, and document the gift. - Proper documentation and explanation to the child can turn the gift into education and financial support.