Note: Certain gifts, such as those to spouses, charitable organizations, political entities, educational institutions (for tuition), and healthcare providers (for medical care), may also be exempt.

When you buy through our links, we may earn a commission. Learn more› By Mari Uyehara Mari Uyehara is a writer on the gifts team. She has been writing about food, drinks, and culture for more ...

The gifts we get our young adults and their friends will vary but, rest assured, we found things that everyone would be thrilled to receive. Here are some of our favorite graduation gift ideas. Your ...

This type of trust is commonly used to transfer wealth to the next generation. Gifts in trust are commonly used to pass wealth from one generation to another by establishing a trust fund.

We may earn commission from links on this page, but we only recommend products we love. Promise. We aren’t quite yet at April showers and May flowers, but we are at that weird time of year where ...