Question 3: Who Is the Source of What I Received?
Working Through California's Gift Rules Analysis
Another important piece of information in determining how California’s gift rules apply is understanding who gave the gift.
If one understands the who is the source of the gift, one can do the math to determine what one’s reporting obligations are, whether one is at risk of going over the gift limits or one needs to step aside from the decision-making process.
To understand more on how to answer this question, please see the pdf (last) resource in the box at right.