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If a guest has a close relationship with the couple, $200 is an excellent cash wedding gift amount. It can also be suitable if a guest brings a plus-one and wants to give a combined gift.
Wedding insurance can help protect the amount of money that you’re spending on your big day. From sudden venue closures to severe weather disruptions, this specialized policy can act as a ...
A guide to help you understand homeowners insurance policies and coverage types.
A gift tax, known originally as inheritance tax, is a tax imposed on the transfer of ownership of property during the giver's life. The United States Internal Revenue Service says that a gift is "Any transfer to an individual, either directly or indirectly, where full compensation (measured in money or money's worth) is not received in return."
Although weddings have evolved over the years and people are choosing less traditional ways to tie the knot, there are still certain financial rules of etiquette that apply to both the couple ...
In a marriage, a couple can pool their individual gift exemptions to make gifts worth up to $30,000 per (recipient) person per year without incurring any gift tax. Second, there is a lifetime credit on total gifts until a combined total of $5,250,000 (not covered by annual exclusions) has been given.
In a world where we want a tangible answer for everything, Post reveals that “there really is no range” when it comes to how much to spend on a wedding gift. “So much matters: the person ...
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