Can you gift stock to your child
You want to give the stock as a gift to your three grandchildren. You hire an attorney to write a basic trust document that says you are transferring all 10,000 shares to the trust. (A simple, straightforward trust will probably run you around $1,000 in legal fees, though this could vary widely by location.) Enter, the gift of stock. Giving a share of stock to kids is a fantastic way to avoid stressing out parents, help prepare a kid for their financial future, and teach a few lessons along the way. These are the best ways to give a share of stock to a kid.