Hi,
Today we begin a new topic, one we covered a few years back: Giving gifts.
The laws of gifts are primarily documented in the "Choshen Mishpat" section of the Code of Jewish Law, and deal with the question of when and how a gift is legally acquired.
A verbal declaration that one will give a gift is not binding [unless it is worded as an oath]. However, one who recants such a statement, if the statement is not obviously false/exaggerated to begin with, is considered to be dealing in bad faith.
(Code of Jewish Law Choshen Mishpat 241:1; Sefer Meirat Einayim 241:4)
Be well,
Mordechai
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