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Unless you have gifted more than $13.61 million over your lifetime, you can almost certainly give a $50,000 down payment to your daughter or other family member and not owe gift taxes in 2024.
We hadn't seen each other in a while, and my friend took me out for a lavish dinner. She said she wanted to give back to me ...
“But I thought that if someone gives you a gift you’re supposed to give them one back,” I say, humbled. “This is actually one of my favorite etiquette myths to bust,” Post says.
My adult son barely calls or visits anymore, and when he does, he seems distracted and impatient. I raised him with love and ...
In the past few years, I've attended nine weddings without giving money or a gift. I stand by it, and as far as I know, my friends haven't been upset.
For me, the Caesar is more than a salad, it’s family. My dad — who had worked at the Hotel Caesar, where the salad was born — came to Christmas one year and showed me how to make the ...
My brother settled a lawsuit, netting him around $300,000 in a lump sum plus additional monthly payments for life. Out of the blue, he gifted me $5,000 from his settlement. Subsequently, we had a ...
Anyway, she’s been asking me to call her “Mom.” As I am extremely close to my own mother, I’m just not comfortable with this. For now, I pretty much never call her anything!
We were invited only because my cousin wanted me there. The wedding was out of town, which necessitated a motel stay, meals and gas, in addition to a generous cash gift.
‘If my mother gives her personal residence to me, my understanding is that I also get her adjusted cost basis’ Last Updated: May 28, 2025 at 10:42 a.m. ET First Published: May 23, 2025 at 5:15 ...
Dear Annie: My adult son barely calls or visits anymore, and when he does, he seems distracted and impatient. I raised him with love and always tried to be there for him. Now I feel forgotten. Should ...