117.【答案】A【解析】根据第一段第一句“You have many choices.Whether you are gifting money to children for holidays,birthdays or graduation,you must gift money thoughtfully.(你有很多选择。无论你是在假期、生日还是毕业时给孩子们送钱,你都必须明智地送钱。)”和第二段第一句“Set gifting ...
choices. Whether you are gifting money to children for holidays, birthdays or graduation,you must gift money thoughtfully. _8Set gifting expectations carefully. It helps if you are clear and careful about your intentions when you begin a pattern of gifting, especially when giving large surns to...
economic aid, financial aid, aid - money to support a worthy person or cause prize, award - something given for victory or superiority in a contest or competition or for winning a lottery; "the prize was a free trip to Europe" present - something presented as a gift; "his tie was a ...
Purple Bird, is a one-stop shop for luxury Indian gifting, bringing some of the best Indian consumer brands together to curate perfect, thoughtful and aesthetically pleasing gifts, which are lovingly ‘Made in India’.
For example, a husband and wife with two children could give away a total of $76,000 a year to them—$38,000 to each child—without any tax repercussions. Once those gifts are made, that money is removed from their taxable estate. Lifetime gift and federal estate tax exclusion ...
to pay university fees, contribute to a wedding, or top up the emergency fund when money is tight. A “living inheritance” can mean giving children or grandchildren a step up at the start of their journey, andequity releaseis one way of gifting money to family when they need it most. ...
Contributions are made with after-tax money, and gains are tax-free. In 2024, contributions can be up to $7,000 per year but cannot exceed the minor’s earnings. The potential growth from decades of compounding interest can significantly benefit your grandchild in retirement and possibly their...
At the same time, inheritances are often given when a loved one dies, and they typically give their money to their children. Here’s the problem, most people are already established adults and don’t need the money by the time their parents pass. ...
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From the Estate Planning and Probate Group Many individuals know that lifetime gifts to children and other loved ones can reduce or eliminate estate taxes otherwise due upon death. Yet many are not aware of the options to leverage their gifts to produce