One of the biggest factors to consider when thinking ahead to your financial future, is the burden of inheritance tax. This can have a substantial impact on the wealth you wish to leave to your loved ones, when you pass away.
One option you may want to explore, and potentially a way to minimise the tax, is through gifts. But as with any financial planning, some of the areas can be complex, so let’s take a look at some of things you need to know before you decide to gift your inheritance early.
Continue reading Top things to consider when gifting inheritance early at Baby Budgeting.