Publisher's Synopsis
"The Which? Guide to Giving and Inheriting" tells the reader how to give while keeping the Revenue's share to a minimum and how the tax rules can even help one to give more. It covers the effect of inheritance tax and capital gains tax on lifetime gifts (calculators for working out each tax are included) , how to make use of covenants and giving to charities. The reader will find out how to prepare assets for inheritance, from making and updating a will, estate planning and the effects of inheritance tax on what is left, to special rules about family businesses and farms. The book covers the inheritance laws of Scotland, England and Wales.
