The U.S. district courts are the trial courts of the federal court system. The district courts can hear most federal cases, including civil and criminal cases. There are 94 federal judicial districts in the United States and its territories. Each district includes a U.S. bankruptcy court.
The patriarch and matriarch of one of Silicon Valleyâs most prominent families in real-estate development and philanthropy, John A. â60 and Susan Sobrato, have made a gift of $100 million to Santa Clara University to help create the Sobrato Campus for Discovery and Innovation. The Universityâs largest-ever gift, $100 million from John A. and Susan Sobrato, will fund a 300,000-square-foot, state-of-the-art facility for transformational STEM education.
We are not sure how much money we can give them without having to pay tax fees. In 2013 the IRS gift tax exclusion is $14,000 per donor per recipient. So effectively, married couples can â together â provide cash gifts of up to $28,000 per recipient without triggering a gift tax. So in your case, you and your spouse can give a combined gift of up to $56,000 this year to your son and future daughter-in-law ($28,000 to each).