[Protagoras]

You can give $10,000.00 to each child, son or daughter in law, and each grandchild! That can be a lot of money each year!!

Why can't you give away all your money, if it is truly yours?

[potlatch]

Why can't you give away all your money, if it is truly yours?

This is considered a 'gift' and is totaly free of any tax. If you give more than that per year, the recepient pays tax on the excess, at least that's how I believe it to be.