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A donee is the person or entity to which a thing is given. A donor is the person or entity who gives it.

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11y ago

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5 letter word for charity recipient?

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When a donor makes a gift in trust who is considered the donee?

When a donor makes a gift in trust, the donee is typically the beneficiary of that trust. This is the individual or entity designated to receive the benefits or assets held within the trust according to the terms set by the donor. In some cases, the donor may also serve as the donee if they retain certain rights or benefits from the trust during their lifetime.


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Can a family member transfer funds to a 529 plan as a gift tax exempt?

An individual may give up to $12,000 per year per donee without gift tax consequences. A married couple may double that amount through "gift-splitting". It makes no difference whether the gifts are placed in a 529 plan or given directly to the donee. However, some states have tax deductions for contributions to their 529 plans. It might be to the benefit of the donee, or the donee's parents, to have the gift go to them first, then they can make their own tax-deductible contribution. Of course, if the state permits the donor to take the deduction for the contribution, the donor could put the funds directly into the 529 plan. There are no tax consequences to the donee of a gift. I recommend this proposal be discussed with a CPA before you act on it.


How much money can you as a gift before you have to pay taxes?

$13,000 per person per donee. Unlimited amounts to spouses.


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well look for some body who is a agent and make friends and do privatechat and say can you make me a agent please and they might. donee


How to setup an account in windows Live?

You go on Hotmail, then once you get on that page it says: sign up. Click that and fill in all your details about yourself and then Donee ;)...?