A gift of a future interest doesn't qualify for the unlimited marital deduction, the $14,000 annual exclusion from gift taxes for gifts made to non-spouses, or the $148,000 annual exclusion from gifts taxes for gifts made to non-citizen spouses. In other words, it's always taxable.
A legend is a larger-than-life story that gets passed down from one generation to the next â like the legends of Beowulf, Robin Hood, or even Big Foot. The Latin word was originally limited to written stories, but in English, legend lost that limitation.
full definition of myth 1 a a usually traditional story of ostensibly historical events that serves to unfold part of the world view of a people or explain a practice belief or natural phenomenon b parable allegory 2b an unfounded or false notion3ull definition of myth 1 a a usually traditional story of ostensibly historical events that serves to unfold part of the world view of a people or explain a practice belief or natural phenomenon b parable allegory 2 b an unfounded or false notion 3