How to Make a Toast

It's best to be sober when you make the toast, so try to do it early in the party. If you're nervous, tell people you're nervous. You don't do this for a living.
Always open with humor. If you make fun of your self, you're allowed to make fun of others. However I wouldn't take more than a couple of jabs at the guests of honor, placed one is all you need.
In the middle have some substance. especially if you have a story to tall about the person. One serious sentiments always good to throw in near the end, to show something real is happening.
The no.1 mistake people make is getting maudlin. I remember so many people breaking down in tears fueled by alcohol.
The wonderful thing about a toast is that you can't go on too long. Everyone is standing there holding their glasses.