Liz Weston

Check the WIC program and also make sure your daughter has insurance coverage. Under the Affordable Care Act, she can continue on your health insurance until age 26 even if she's not a dependent for tax purposes.

Dear Liz: In the past, you've discussed the pros and cons of Medicare Advantage plans versus original Medicare.

Dear Liz : I borrowed $35,000 from my home equity account a couple of years ago to pay for a new roof. The house is paid for; there is no mortgage.

Dear Liz: My husband has always handled our investments. He doesn't think it makes sense to pay someone 1% to do what he can do on his own.

Should you pay off the balance or make the monthly payments? Dear Liz : I borrowed $35,000 from my home equity account a couple of years ago to pay for a new roof.

Dear Liz : I am a widow age 95. I would like to give my three kids, who are in their 60s, $5,000 each this year. What are the taxes, and who pays them?

Dear Liz: My husband has always handled our investments. He doesn't think it makes sense to pay someone 1% to do what he can do on his own.

Dear Liz: One subject I've never seen you address is the use of proprietary funds by financial advisors.

Talk to your spouse about what happens to the finances should he die or become incapacitated. Finding someone trustworthy now to help you when you are on your own can be incredibly valuable.

Most cash gifts are not taxable, but for those who have a lot to give, knowing what is taxable is important.