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inheritance

Making financial gifts during your lifetime (Part 2)

In an earlier article, Deborah Adams, head of private client department with Parnalls in Launceston, explained how making gifts of money or property during your lifetime could help reduce the inheritance tax payable on your estate when you die.  In this article she looks at how making potentially exempt lifetime transfers, under what is known

The Bank of Mum and Dad: top tips when lending money to your children  

If your children or grandchildren are struggling to get onto the property ladder you may have considered offering them money to help.  If you have, you are not alone.  According to a recent report by Legal and General, family and friends in the UK gave their loved ones £5 billion to fund house purchases in