As he navigates various responsibilities, including hospital meetings and church committees, he faces the challenge of being present for his son ... that the greatest gift he can offer his ...

Gift tax rates range from 18% to 40% of the taxable gift depending on the amount in question. The donor, not the recipient, pays this tax in their filings for the year in which they made the transfer.

Dear Eric: I have a 1-year-old grandchild and am frustrated that I don’t have the freedom to give them whatever I choose. The parents have prepared a precisely curated wish list of acceptable items ...