A father may sell his property to his son. If he sells it at a discount that exceeds $16,000 off of the value, the IRS considers that portion to be a gift, and he (the son) must report it. The IRS will deduct the difference between the selling price and fair market value from the son’s lifetime tax exemption of $12.06 million.
A father who wants nothing to do with their unborn baby should step up and become involved when the child is born. If the father refuses to be a part of the child’s life after birth, the mother can take legal actions for him to help out with child expenses, but nothing can be done to force an emotional or physical bond.
You can celebrate Father’s Day while pregnant. Celebrating Father’s Day when you’re expecting is an excellent way to show appreciation to the father-to-be and can help him bond with the baby. You can celebrate by giving him a day off, taking him on a date, throwing a party, or with a thoughtful gift.