Have some friends that live in Tarvin ('bout 5 miles east of the centre) and its pretty nice. Suffers from Cheshire commuterville-itis, but you can't get away from that. Chester itself is a great little city. As for riding, delamere and easyish access to wales.
Gift Tax. The gift tax is a tax on the transfer of property by one individual to another while receiving nothing, or less than full value, in return. The tax applies whether the donor intends the transfer to be a gift or not. The gift tax applies to the transfer by gift of any property. You make a gift if you give property (including money), or the use of or income from property, without expecting to receive something of at least equal value in return.
Split Gifts. The annual gift tax exclusion applies to a single personâs gifts to one individual. Therefore, a car valued at twice the annual exclusion escapes gift tax if given to two recipients, such as a married couple. For 2012, the gift giver can give a car valued at $26,000 without incurring tax. In addition, a married couple has twice the annual exclusion when giving a car they jointly own to one individual. The couple can jointly give a car valued at $26,000 and not owe gift tax. A car given by a couple to another couple valued at up to $52,000 in 2012 isnât a taxable gift.