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Get the free Make a gift to University at Buffalo - UB Foundation

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November 18, 2020, Name Address City, State Zip Dear First Name: Greetings from the University at Buffalo and the University at Buffalo Foundation, Inc. We send our best wishes on behalf of our university
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Make a gift to refers to the act of giving someone a present or transferring ownership of an asset without receiving anything in return.
Individuals who transfer assets exceeding a certain value are required to file a gift tax return.
To fill out a gift tax return, one must provide information about the gift, its value, and the recipient.
The purpose of making a gift is to transfer assets to someone else, often as a gesture of generosity or estate planning.
Information such as the value of the gift, the relationship between the donor and recipient, and any applicable deductions or exclusions must be reported on a gift tax return.
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