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Thomas Mattimore pfp
Thomas Mattimore
@mattimost.eth
After digging into a bit, seems like there are two decent options for gifting crypto in small amounts to children that aren't yours: 1. ETFs in custodial / UTMA accounts (no ETH yet!) 2. Onchain custody route (multisig w/ parents) Details and reasoning below, what am I missing?
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daniel rollingher
@droll
The tax event is to you on the gift, right? Or does the child incur a taxable event on receipt?
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Thomas Mattimore
@mattimost.eth
Ideally I could contribute cash that would convert to eth/wbtc once in custody of child.
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