Guide: Leaving an inheritance vs gifting during your lifetime
30.09.2021Thinking about passing on your wealth can be difficult. However, it’s important to consider how you will pass on money and other assets to those who are important to you. This is why inheritance and gifting should form part of your wider financial plan.These considerations may influence how you use your wealth during your lifetime, what you write in your will, and other decisions you make.
Traditionally, people have left their loved ones an inheritance. Yet, for a variety of reasons, more families are passing on wealth during their lifetime. Depending on your goals and circumstances, this can make sense financially, as well as aligning with your wishes.
Our guide ‘leaving an inheritance vs gifting during your lifetime’ will get you thinking about whether leaving an inheritance or providing gifts now may make sense for you.
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Guide: Leaving an inheritance vs gifting during your lifetime
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