How you could provide an inheritance while you’re still alive - My Continuum

How you could provide an inheritance while you’re still alive - My Continuum

Many of us pass away with too much wealth. At least, that appears to be the government's perspective, as they impose a hefty 40% tax on any inheritance exceeding an initial allowance of £325,000. Most of us would prefer our loved ones to benefit from our hard-earned wealth rather than the taxman when we are no longer around to enjoy it ourselves. One of the simplest ways to do that is give it away while we are still alive – but as always when ta…