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The "Which?" Guide to Giving and Inheriting: Tax Efficient Ways to Pass on Money,Property and Other Valuables (Which? Consumer Guide)
The Which Guide to Giving and Inheriting Tax Efficient Ways to Pass on MoneyProperty and Other Valuables - Which? Consumer Guide Author:Jonquil Lowe When making lifetime gifts or passing on wealth to your heirs, it's easy to overlook the tax consequences. As a result, gifts are too often wrapped in an unnecessary tax bill or miss out on available tax relief. Following several years of rising house prices, inheritance tax can bite deeply into even relatively modest estates. Yet, with a bit of... more » forward planning, in many cases a tax bill can be reduced or avoided altogether.« less