Examples are automatically compiled from online sources to
show current usage.Read More
Opinions expressed in the examples do not represent those of Merriam-Webster or its editors.
Send us feedback.
Future-interest gifts do not qualify for the annual gift tax exclusion (currently $19,000 per donee in 2026).—
Virginia La Torre Jeker,
Forbes.com,
22 July 2026 That means if the donee sells the assets, gain and income tax will be triggered.—
Martin Shenkman,
Forbes,
20 Feb. 2025 Other discrepancies appeared in the reports, including one donee receiving a refund of more than what was donated.—Journal Sentinel,
27 Jan. 2023 The ring must be returned to the donor, Grandmother, because the donee, her boyfriend, was at fault in terminating the engagement.—Dallas News,
11 Dec. 2022