lifetime gift

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• Gift — Property, money or assets that one person transfers to another while receiving nothing or less than fair market value in return. Under certain circumstances, the IRS collects a tax on gifts. Transfers of money or property that are given freely or …   Investment dictionary

• Gift of a Lifetime — is a life insurance program at Oklahoma State University for alumni introduced in 2007 to raise money for its athletic department. Laws regarding insurance policies for charities require the university s athletic department, not the donors of the …   Wikipedia

• gift — n 1: an intentional and gratuitous transfer of real or personal property by a donor with legal capacity who actually or constructively delivers the property to the donee with the intent of giving up dominion over the property and investing it in… …   Law dictionary

• gift tax — n: an excise tax imposed on a donor for gifts of property made during the donor s lifetime see also annual exclusion, gift 3 split gift at gift, unified t …   Law dictionary

• gift — A voluntary transfer of property to another made gratuitously and without consideration. Bradley v. Bradley, Tex.Civ.App., 540 S.W.2d 504, 511. Essential requisites of gift are capacity of donor, intention of donor to make gift, completed… …   Black's law dictionary

• gift — A voluntary transfer of property to another made gratuitously and without consideration. Bradley v. Bradley, Tex.Civ.App., 540 S.W.2d 504, 511. Essential requisites of gift are capacity of donor, intention of donor to make gift, completed… …   Black's law dictionary

• Gift tax in the United States — A gift tax is a tax imposed on the gratuitous transfer of ownership of property.The tax is generally imposed on the donor (the giver) rather than on the recipient. A transfer is completely gratuitous where the donor receives nothing of value in… …   Wikipedia

• Gift (law) — Property law Part of …   Wikipedia

• gift tax — noun a tax imposed on transfers of property by gift during the lifetime of the giver • Hypernyms: ↑tax, ↑taxation, ↑revenue enhancement * * * noun : a tax that is imposed by the federal government and a number of states in the United States… …   Useful english dictionary

• Gift (visual novel) — Infobox animanga/Header name = Gift caption = Gift logo. ja name = ギフト ja name trans = genre = Drama, Harem, FantasyInfobox animanga/Game developer = Moonstone publisher = Moonstone (PC), Sweets (PS2) released = May 27 2005 (PC, limited ed.) June …   Wikipedia

• Gift Tax Return — A federal tax form that must be filled out by any individual who gives a gift that exceeds the annual or lifetime exempt gift amount established by the IRS. For example, if the annual gift tax exemption is $13,000 per recipient, anyone who gives… …   Investment dictionary