property gifted to children, grandchildren, stepchildren and parents will incur an inheritance tax of 4.5 percent, and property gifted to siblings will incur a 12 percent inheritance tax. All other beneficiaries will
This limit is per person, but an additional $10,000 may be distributed as a qualified education loan repayment to satisfy outstanding student debt for each of a 529 plan beneficiary’s siblings. Other Types of Financial Gifts Savings bonds and 529 contributions are just two of many different...
How Kids Can Use Their Spiritual GiftsAs parents, we want our children to grow up with a strong sense of purpose and a deep connection to their faith. One way to help them achieve this is by encouraging them to explore and use their spir...
The rationale for this approach is because the spouse may have children that are not also the testator's and if the spouse had no children, then it would go to parents or grandparents or her siblings, so applying the anti-lapse statute may cause property to go to the spouse's close ...
construction of the bricks means that they can withstand the rigors of play, providing long-lasting enjoyment. This set is not only a source of entertainment but also a durable toy that can be passed down to younger siblings or friends, making it a valuable addition to any family's ...
Happy 18th to my favorite kid. (Don’t tell your siblings.) Dad said we should get you a car. I said a nice card. Guess who won? Happy birthday, and just know, you’ll always be our sweetheart baby no matter how old you get!