Can we give our two daughters cash now and avoid inheritance tax?

Can we give our two daughters cash now and avoid inheritance tax?

Can we give our two daughters cash now and avoid inheritance tax?

My wife and I want to give our two daughters money now to avoid inheritance tax (IHT). We know at least one of us has to live for another seven years, but do we have to do anything legally to do this or can we just give them the money?

Francis Klonowski
Thu, 02/27/2020 – 16:11

From
NC/Nantwich

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