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A gift or a present is an item given to someone without the expectation of payment or anything in return. An item is not a gift if that item is already owned by the one to whom it is given. Although gift-giving might involve an expectation of reciprocity, a gift is meant to be free. In many countries, the act of mutually exchanging money, goods, etc. may sustain social relations and contribute to social cohesion. Economists have elaborated the economics of gift-giving into the notion of a gift economy. By extension the term gift can refer to any item or act of service that makes the other happier or less sad, especially as a favor, including forgiveness and kindness. Gifts are also first and foremost presented on occasions such as birthdays and holidays.

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  1. M

    Separation and Gifts from Husband

    My husband is seeking a separation... he gifted me a property (no mortgage) and a Car (no finance) for my birthday - i have this in writing He is now seeking separation and demanding i sell this property (my home) along with our other properties to divide. Can he do this? I thought a gift was...
  2. D

    VIC Separation - Parent Wanting My Home in Their Property Pool?

    I'll keep this short and to the point: My (former) mother and father are having a 'property separation' in the Federal Circuit/ Family Court. My (former) mother started proceedings against my father and she has listed me as a secondary. She's demanding that I sign my home onto her. 5 years...
  3. N

    VIC Wife Filing Divorce in India - Husband Living in Australia?

    Hi all, I am living in Australia from last 7 year and got my Permanent residency 3 years ago and waiting for my Citizenship Ceremony. I got married in Feb 2018 and not my wife is filing a divorce on me. I filed her partner visa in October 2018 but is yet to be granted. As per the advice from...
  4. S

    VIC Managing Property Assets as a De Facto Couple?

    My partner and I are a registered de facto couple. My partner already owns a property where we currently live. We were advised to only put a new house we want at auction in my name as I'm a first time buyer. Is this correct? We aim to each contribute 50:50 to the home loan so ultimately we...
  5. T

    VIC Gift being withheld from giftee after moving house

    Hello people, Firstly I'm asking this for my friend who lives in another country. Recently they have been forced to move out of their house with their Nana due to their Nana having a medical condition that makes them unfit for taking care of my friend. Since then they have moved in with their...
  6. L

    NSW Gift vs Loan- parents demanding repayment

    Hi there, My wife and I initially received, for all intents and purposes, a gift of money in 2014 from my wife's parents. My wife says that her parents offered us some money to help us with investments. There was nothing to our knowledge that it was anything but a gift. We used the money to...
  7. S

    VIC demanded return of a gift

    A friend gave me a game console as a gift and is now threatening me to give it back. I have proof of ownership, but they are between myself and their ex-partner who facilitated the gifting. However, they are saying that they have the original receipt from the time of purchase as the...
  8. DirectorHaruhi

    NT Mother Attempting to Keep My Possessions - What to Do?

    To preface, I'm 19 and my mother has always been my primary carer due to disabilities, and has been receiving a carer's pension for me since I was about 8. I went to visit my father in QLD, and during my visit I've decided that it would be best for my mental health to move in with him due to a...
  9. C

    WA Will Gift from Parents Affect Pension and Taxes?

    Hi, I'm a disability pensioner & will be receiving a house as a gift from my mum. Will this affect my pension as I have no other income? Also what taxes will my mum have to pay, she is 75 & receives no pension or assistance, dad requested in his will when the family home sells (they lived in...
  10. D

    NSW gifts from deceased estate.

    My father sent me money every six months for family expenses. It came out of his bank account automatically. A few years before he died he got dementia but the money still came. When he died his will left everything to my brother and me. My brother who is executor has said I have to repay all...