Housewarming gifts should be chosen with consideration for the new owner’s taste and needs. Themed baskets, food gifts, bath products, and small appliances are popular choices. Avoid gifts that clash with their taste and consider pets or children when giving plants. Housewarming gifts should be chosen with consideration for the taste and needs of the […]
Wedding gifts are customary but not mandatory. A registry is a guide, not a request. A gift is an expression of regard, not payment. If you can’t afford a gift, provide one within your means or a card with a special note. It’s acceptable to skip a wedding if missing a gift will be perceived […]
Gift cards often have hidden fees, including activation, shipping, service, and maintenance fees. Users may also be charged for checking their balance or replacing a lost card. To avoid fees, read the fine print and ask the seller questions. Gift cards can be a great idea for the person who has everything, but they often […]
When attending a housewarming party for first-time renters, it’s customary to bring a gift. Consider gifting emergency supplies, a wireless burglar alarm, a mopping robot, a shower radio with a clock, or a panini grill based on the recipient’s needs and personality. Moving into an apartment can be exciting, exhilarating and a little scary, especially […]
A gift of equity is when someone gives equity in a home to another person, often during a family home sale. Tax implications should be considered, and a letter must be signed by both parties. It can also be used as a down payment on a loan. A gift of equity is a situation where […]
The phrase “don’t look a gift horse in the mouth” means it’s impolite to inspect a gift’s value. It comes from the practice of determining a horse’s age by its teeth. St. Jerome and John Heywood are credited with the phrase’s origin, not the Trojan horse. It is quite clear that one should not look […]
The annual gift tax exclusion allows American taxpayers to give up to $13,000 USD per year to any person without being subject to gift tax. Charitable donations and gifts between spouses are also excluded. The Unified Credit exempts the first $1 million USD in gifts during a person’s lifetime or upon their death. Gift tax […]
A gift of equity is when a property is sold to a loved one for less than its market value, often to help them become a homeowner. This can result in favorable mortgage terms and lower monthly payments, but may also have tax consequences if the gift exceeds certain limits. A gift of equity is […]
Choose a gift that both the bride and groom will like. Ideas include a spa gift certificate, champagne flutes, a digital photo frame, or a skydiving experience. Consider their tastes and hobbies and give from the heart. Get word that someone you know has gotten engaged and you want to buy a special gift for […]
A hostess gift is a small, tasteful gift given to the host or hostess of an event. Flowers, wine, chocolates, and fine soaps are common choices. It’s polite to send a thank-you note after receiving a gift or attending an event. Housewarming gifts can be more varied and useful for the home. Avoid ostentatious or […]
Choosing the perfect Christmas gift for women depends on your relationship, budget, and their personal style. For young women, consider their interests or give a gift card. Personal friends will appreciate gifts related to their hobbies or memories shared together. Business associates should receive work-related gifts, while mature women may prefer planned outings or gift […]
