Do we have to return the gifts? A. You’re supposed to return all the engagement, shower and…
divorce gifts from parents
4 Articles
Interspousal transfers of cash and separate property are usually not taxable. 26 U.S. Code §1041 provides that…
Interspousal transfers of cash and separate property are usually not taxable. 26 U.S. Code §1041 provides that…
In many cases, gifts from parents will not be subject to equitable distribution in divorce. While couples’…