After the death of the oil tycoon Howard 'Red' Stevens, his greedy family is gathered in the office of his lawyer, partner and friend Mr. Theophillis 'Ted' Hamilton and his associated Miss Hastings for the reading of the will. For his reckless and selfish grandson Jason Stevens, who hated him, Red assigns twelve apparently simple tasks called "gifts" - of work, money, friends, learning, problems, family, laughter, dreams, giving, gratitude, a day and love - challenging the playboy Jason to a journey of discoveries. When he meets the leukemic girl Emily and her mother Alexia, Jason changes his perspective of life and money, superseding the expectations of Red, improving and becoming a better man and receiving the ultimate gift from his wise grandfather.
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