Question: “I bought some IQD for some family members that said it was stupid to buy any…Once the RV happens, should I give them the IQD’s or give them the cash?” Thom: I am in a similar situation… And after careful consideration, they are not getting anything. Instant wealth for people who didn’t earn is highly destructive. besides, there are tax and legal implications to take into account and if I give them an asset and they don’t pay the taxes on it, I would be ruining their lives because they went to jail. So if anything, i would cash it in, and gift them something. But even then I am hesitant. Thom [dinar guru Note: Consult your financial, tax and asset protection advisors at the appropriate time to determine the ideal gifting plan for your unique situation.]
