European Stars And Stripes (Newspaper) - April 3, 1988, Darmstadt, Hesse                                The stars and stripes sunday april 3,1938 investor s guide by Elf Doyle. I make Iprax lately  a year and have a 2-Ynr-old Mil do Ibert a Bun allow me id nuke a Gin at to tack to my Stunf if such gift is ally area How much and 1 it la far a you can make gifts of Money stocks Bonds and or any thing else to your son and to other people. You could give away Mil Lions of do Lars if you had that Kindo Moncy. To keep things Siil ple it s wow to give no More than s 10,000 Horny one individual each year. If you were wealthy and go Nifous you might give 110,000 annually to each of a Many profile As you like. By keep ing your fills in hat Range there jul be no Federal gift lax due an you will hot even be required to file Federal gift tax returns. Do not confuse the Federal gift us with Federal income tax. Those Are two different levies. Gifts arc never sulfa act to income us if he Noney you give your in is put into a Bank account or some place Clatl where in cams interest Orinto stocks where it earns interest or into stocks where in cams dividends tie internal Revenue serv ice could gel into the act. A Federal income lax return must be filed for any dependent child whose " teamed income from in Terest d dividends tops $300 year. Assuming your son s Only income would be from interest and or dividends e first 1500 he receives each year to ild be offset by his Standard ded Ucli n and would not be subject to Inco e tax. Hiss Pond $500 of unearned in come Ould be taxable at his tax rate i 5 percent As of 19bb. His Neam d income in excess of11,000 would be taxable at your us rat either is percent or 28pcrccn until he reaches age 14, once of s 14, All nil income unearned and earned will be unable at is rate. The e complicated Rula on Young sters Korea Are prime example Why ii tax Reform Art of 1986" has Boome known As the accountants a id tax lawyers full Ern ploy Meni  Parent have to retain profess anal help just to prepare the kids i i returns. Q. 1 i Tut ii thu bed in Tom to follow Hen i nuke Glufli of Money to my lung child a. 1 the easy and sensible Way is through the gift to minors  lat procedure you open an Accoti in an adult s name As custodian or the child s name under the gift to minors act of the state in which of live. All so Stales an the District of Columbia have gift 10 minors acts. All kinds of Bank accounts including certificates of Deposit can be registered that Way. So can stocks and Bonds. Be aware thai once an account is set up in gift to Minon act form,11 is an irrevocable gift. It belongs to the child and cannot be taken Back. When the child reaches the age of majority which varies from in in 21 i i Foiren slates the account s custodian is required to turn Over the custodial property Rothene Wiull Ikang of Tajiri  0 for an drop in Mercedes Alec All though he said that its car line team to be recession proof and has very Good Poten tial especially in Japan. Picking up Prudential Assurance for a enormous customer base and huge sales Force which should Comein Handy when various european Corn Muni by competitive barriers vanish in1992, hid Sainsbury a food retailer the Rolls Royce of the pork chop As for Man Fischer said the me baked Beans and toilet  Chancial engineering company had a. The Aribas team also  a Strong profit Tuma Rotach stocks in other european markets. In in its trucking and construction opera Belgium in liked a Chaize Fredrei Foo Lions and that its Man Roland unit aisle mailing Pel Rafina Oil and Gas and printing press producer had just re 9elvay chemicals in the nether Cei Ved a huge order. Lat Flat hold food and in Switzer the political situation in France. Land Nestle food and inspectorate where a presidential election looms is . Not nearly As stable As in West Ger the Banque Aribas analysts did no Many but the Aribas experts argue say there Oxild be a Bull Market in All thai whatever Type of government is in european equities. Indeed their rec control in Paris the private sector will of minded portfolio for american in receive preferential treatment the i nation rate in France it Low Industrial productivity n up and lie country has Little foreign debt hey Point Oul. With privatization and takeover activity heating up prices on the bourse they say Domestic investors who have a Lotof Cash in Money Market accounts Vesi ors is heavily weighted in favor of Bonds and Cash Gunn pointed out that his Charu comparing Bond and Stock values do not show the damage done emotionally 10 investors by the octo Ber crash. As a result he said it will be a year for Stock  not sector or Market picking. Channel ferry talks break Down London a talks betwee striking teamed and p and o european ferries broke Down on Good Friday the first Day of the easter weekend and no further talks were scheduled govern ment mediator Dennis Boyd said. P and Oil one of the main ferry serv ices across the English Channel at temperatures Dover where he line s teamed have been off the Job for two months about 3,800 frustrated tourists were tuck in Aline of More iban 100 buses an equal number of cars and 500 trucks and o chairman Peter Ford issued a statement to those waiting Al Dover have nothing bul apologies and regret for the people who have been disrupted. I 1.hy. Mun Muaava us in Gnu Aumoth a Warth i u so Usi 11 is a to 73 a 11 u an u o Usi n Devn we us Kunii Itow Czuha Hutiu i Vito do idiom a Kymm Fiaoo in Elm Bulum cow cd whoa 7 of s u � in 2na n m 40bi n us u h to � in � i n m 37 Kew Mem s1 Foa qom fun by Fuit Munjic Utkin m u49 a � in u w 60 tit u St 49 � w 9 u 49 � u i Ujj m a if 40 24 a l so dug 81 u us Mourou � a Juifen 4t 29 b&bmn57 57 fan 71 h ghz Xian n nuff 8 s Skeg g g. I to a u 2 Hutu i Wurr Quot local a b a a a an ii n 44sr 49 ii intr x n an k it Joa a f not a 47 iia a w he to lit u fifi 42 v is w evil u � it i remain convinced we will achieve a Solu Tion to this dispute which i believe in being prolonged unnecessarily by people who Are nol trying to solve in. Tourists who had ferry reservation for Calais faced delays of up to 12 hours and truck Drivers could be waiting eve longer said Paul Youdon of the Dover Harbor Board. Buses Al the end of theline were Given estimates of 24 hours. The strike has halted All p and o Fer Ries in Dover bul other vessels were operating from the port. About 2,300 sea men Are striking Over the line s plans to Cut 400 jobs ant introduce new Shifu. Stir open i weather a Munur 4mli 41 Al Cost nun. I a 5jrnr�mt, tvs Alae ii Lei Iua 1 it umintn.t/1 fat jew bad to #4 w or to in tort a a of  of id5� t 6 jihad