Making a will is one of the best things you can do to ensure your family are taken care of when you die and that your money, property and other belongings are passed on to the people or good causes you have chosen. To make a valid will there are certain requirements that need to …
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 …
If you are fortunate enough to have financial security, and more money than you need to live comfortably, then you may want to pass on some of your wealth to your family and friends while you are still alive. Making gifts to loved ones during your lifetime can be immensely rewarding and tax efficient, but …
