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If you've been invited to multiple events for the wedding, like a bridal shower or an engagement party, you should be sending a gift as well—especially if you are attending the events in person.
The wedding gift can be a main source of stress for guests, especially if their budget is running low. This guide will cover the details about how much money to give at a wedding.
For taxpayers whose gifts may exceed the lifetime $12.92 million tax-free exclusion amount, gift-splitting and other strategies may provide a way to fund a wedding without incurring a tax. Tax ...
Morning gifts, which might be arranged by the bride's father rather than the bride, are given to the bride herself. The name derives from the Germanic tribal custom of giving them the morning after the wedding night. The woman might have control of this morning gift during the lifetime of her husband, but is entitled to it when widowed.
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."
A wishing well on the gift table of a wedding reception. A wedding wishing well is a fancy donation box that gained popularity among bridal couples of certain countries (with one survey done in 2004 on Australia allegedly stating that up to 60% of weddings had them), [1] who have often lived together before marrying, or who have been previously married, and do not need any of the traditional ...