Gifts Legal Questions and Answers

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I had a friend who was diagnosed with colon cancer two yeas ago. I was the one who took care of him (his family was in Afric...

I had a friend who was diagnosed with colon cancer two yeas ago. I was the one who took care of him (his family was in Africa) before he passed. On March 27 this year he told me that he would leave his car to me; so he requested for a notary public official to come to the hospital to have the car transferred to me. Everything went fine until the person who was supposed to ex...

05/20/2009   |   Category: Gifts   |   State: Pennsylvania   |   #16736

Where can I find a form to use in giving a gift of $12,000 to family member?

I need a form to use in giving a gift of $12,000 to family member that must be used to partially pay off a loan made to that person previously?

04/14/2009   |   Category: Gifts   |   State: Missouri   |   #16005

If I signed a paper stating money was given as a gift, am I obligated to pay it back?

If I sign legal papers saying money was given to me as a gift, am I legally responsible to pay it back?

03/02/2009   |   Category: Gifts   |   State: Wyoming   |   #15421

Who would be taxed if my mother gifted her children stock in the form of certificates?

My mother has some stock in the form of certificates. She wants to give it to my two brothers and as a gift. In other words, she wants to split them up three ways and give them to us as a gift. Will my mother be taxed or will we be taxed on them when they are cashed in?

02/10/2009   |   Category: Gifts   |   State: Nevada   |   #15220

I do I collect on bad checks that were given to me as a gift?

I live in Atlanta, Georgia. I received 2 personal checks from a person that lives out of state (Detroit, Michigan) which were considered as gifts of money for a total of $950.00. When I deposited the checks, they did not clear. How do I go about making a case in court to make this person pay me back the money that was on the checks?

01/14/2009   |   Category: Gifts   |   State: Michigan   |   #14983

When and/or is a gift of money considered as part of gross income?

When and/or is a gift of money considered as part of gross income?

10/30/2007   |   Category: Gifts   |   State: Massachusetts   |   #11233

Can my ex-fiance take back a gift that was given to me?

On my birthday my ex-fiance gave me a horse as a gift (in front of several people), now that we are breaking up he does not want me to take her with me. Can he do that?

09/04/2007   |   Category: Gifts   |   State: Florida   |   #8416

Can I legally keep the engagement ring if I break off the engagement?

Does the girl have the right to keep the engagment ring , after breaking the engagment?

05/23/2007   |   Category: Gifts   |   State: Washington   |   #5659

Is it legitimate to be reimbursed fot the costs of gifting - Gifts

Is it considered legitimite and moral for a Guardian/Daughter to be reimbursed the costs of gifting to the ward through the Guardian checking account without the ward being informed? This is a true form of deceit, is it not? Birthday cakes inscribed "Happy Birthday Dad", Birthday, Christmas and Father's day gifts etc... The court approved her long list of expenditures but, I ...

04/12/2007   |   Category: Gifts   |   State: Pennsylvania   |   #3023
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