Thinking about gifting to loved ones? Considerations related to taxes and logistics are important. Gifting funds can get complicated, especially if using an IRA. Gift tax is a nonissue for most, with no reporting or tax requirements for gifts under $19,000. Tax benefits for gifting assets to individuals are limited, but contributing to a 529 college savings plan may offer a state tax deduction or credit.

Read more at Yahoo Finance: What you need to know before making financial gifts