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That idea, of making gifts of the gifted, then led us to Mick Jagger: after all, who has been a greater gift to music, style and pop culture than this non-nostalgic, intellectually curious, agelessly agile man?
That's another reason to consider making gifts now to reduce the size of an estate.
In other cases, banks faced difficulties when making gifts to clients in other countries.
You can steadily whittle away your family's IHT liability by making gifts to your loved ones.
Calder enjoyed making gifts for his friends, who, in turn, lent them to the exhibition.
She then earned her keep by freelancing, baby-sitting, waiting on tables and making gifts — including handbags from upholstery fabric.
Steve Forbes, who is a Princeton trustee and a large donor, said he would stop making gifts to the university.
In 1994 he sold his share of Greater Media, and in 1996 gave a grant to endow the Solidago Foundation, making gifts that eventually totaled about $40 million.
In addition, Congress should make clear that private foundations cannot meet their payout obligations by making gifts to donor-advised funds.
Yet he sees little risk in making gifts of cash and marketable securities or using approved techniques, like grantor retained annuity trusts, to pass money to heirs.
He said it was possible, however, that the payment violated state laws against making gifts of a certain amount to elected officials.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com