Test yourself with the following True/False questions involving the sum of $10,000. 1. $10,000 is the amount that may be given free of gift tax each year to individuals. T ( ) F ( ) 2. All gifts of stock valued at more than $10,000 require a qualified appraisal. T ( ) F ( ) …Read More
Memorial gifts are an integral part of many fund-raising programs. In some instances individuals will make a gift to an institution in memory of a friend or loved one only at the suggestion of the honoree’s family. Some refer to this type of memorial gift development program as the “gifts in lieu of flowers” approach. …Read More