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What is the difference between a Gift in Honor and a Gift in Memory?

April 26, 2017gift honor memory

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What is the difference between a Gift in Honor and a Gift in Memory?

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A Gift in Honor is given to someone in place of another for a special occasion (e.g. wedding, graduation, etc.). A Gift in Memory is in the memory of someone who has passed away (e.g. a funeral gift, on the anniversary of a passing, etc.).