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Category: Inheritance Tax

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Gifting money at Christmas and IHT

Inheritance Tax and Christmas Gifts Beware of triggering an IHT bill on Christmas gifts When deciding what to give as Christmas gifts, the possibility of triggering an unintended inheritance tax liability is not one that immediately springs to mind. However, there are traps that may catch the unwary. Income or capital When making a gift,…
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Dying without a will – who gets what ?

Dying without a will Dying without making a will – who gets what The best way to ensure that your estate is passed on in accordance with your wishes is to make a will. However, even with the best of intentions, it may happen that someone dies without making a will, particularly where the death…
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