I will be inheriting a modest sum of money and want to gift some of it to my two married children. I also want to gift some money to my daughter’s two young children to be used for future educational ...

Regardless of one's level of wealth, gifting is an important tool for an effective estate planning strategy. Individuals have many potential gifting options, both simple and complex, that may be ...

A family has been ordered to pay £176,000 in inheritance tax by the court after wrongly interpreting gifting rules, which they thought would mean they avoided a bill after their father died. The ...

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Families are often able to build up a substantial net ...

Gifting cash may seem like a relatively simple act of generosity to family or friends. You must make sure, however, that ...

Incredibly, almost three-quarters of us don't realise that regular gifts made from spare income can fall immediately outside ...

The annual £3,000 allowance that allows individuals to pass on gifts free of inheritance tax has lost 78% of its value since it was introduced in 1981, it has been warned. TWM Solicitors, a leading ...

The average inheritance tax bill is expected to increase by £34,000 next April. The HMRC charge is a steep 40% on your estate's value, but giving away some of this value in specific ways before your ...

Every week we take a look at what's happening in the savings market with the help of experts at The Private Office. Today we ...