Most households don't have to worry about the gift tax. For 2025, you can give up to $19,000, per person, to as many people as you want without triggering any taxes. This is the annual exemption.
The end of spring and beginning of summer brings with it tons of graduation ceremonies at many levels. Giving a cash gift is a super nice gesture that will help a new graduate make the transition to ...
BATON ROUGE, La. (WAFB) - With little pushback, the proposal to make it illegal to give homeless money from your car has already made it halfway through the process of becoming law. According to the ...
When Laura Burns was asked to leave her flat as her landlord was selling up, she discovered she didn't have enough money to move. Energy debts and removal costs meant she needed hundreds of pounds to ...
Giving back is one of the great joys of achieving financial freedom. Nothing is more fulfilling than having the privilege to donate to one’s favorite charities. It’s something anyone — who has the ...
What is the "right" amount to give? Is there a set rule we're all supposed to follow? And where should it fit in with all of the other financial priorities we're supposed to be working toward? If ...
PROVIDENCE, R.I. (WPRI) — Giving Tuesday, a global movement started in 2012 to encourage people to give back after Thanksgiving, is officially here. Local non-profit organizations said this year, the ...
Some wealthy individuals are moving hundreds of thousands of dollars out of their estates, either all at once or over time For most people, holiday giving doesn't require a disbursement of funds from ...
Every Christmas growing up in Minnesota, Jimmy Darts’ parents gave him $200 in cash: $100 for himself and $100 for a stranger. Now, with over 12 million followers on TikTok and several million more on ...
I need a little advice, please. My husband has enabled our daughter for many years by giving her money and never questioning why she needs it. She is now 37, and has ...