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Nephew, niece, your own child, does not matter.
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One of the questions many are forced to answer as they start IVF is: Which do you want most, to have your own genetic child or to be a parent?
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Talking to group members can help you cope with your own feelings about your child's condition.
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To avoid commissions, consider having your broker transfer stock you already own to your child's account.
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However, the costs that you spend on your own transportation to get your child to summer camp will not qualify as an expense for purposes of the credit.
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Do you own your child's body?
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The second way is to think of your own work in the way Child suggests.
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One day your child may be famous enough to merit his or her own postage stamp--but why wait?
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Be aware, however, that if you buy and own the policy, the proceeds will be part of your estate--even if your child is the beneficiary.
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