What should be done with remainder money after contributing towards a gift?
Q: I had set aside a certain amount of cash to use for a gift that my sister's and I were going to give collectively. A year later my sister was ready to buy the gift, however the gift was less than the amount expected. I paid my portion of the gift. But there is still some cash leftover. Can I keep this cash for myself or do I have to gift it to the person intended. I had only set aside the cash as I had made a commitment and in the case of death I did not want it unfulfilled.