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My wife and I are worried about losing our £250k house to fund care costs - can we sell

My wife and I are both 56 and in good health. Our house is worth around £250,000 and mortgage free. I was wondering if selling my kids 49% of the house would be a good way of ensuring they get something from the estate in the future.

I'm 41, if I died would my children now face inheritance tax on my pension?

In our wills we leave everything to each other if one of us dies and in the terrible scenario where we both died, we would leave everything to the children. As it stood before the Budget, they would have been able to have the house, our savings and pensions without losing any money to inheritance tax. Would our children now lose 40 per cent of our pensions to inheritance tax?

Married couples and civil partners can inherit from each other free of inheritance tax. But siblings who live together in old age are not afforded the same protection.

The Budget change means the very wealthy still get an inheritance tax break on land, while genuine farmers face the threat to their livelihoods of big IHT bills.

I want to give my home to my family: Can I rent it back from them to avoid an inheritance

I would like to transfer ownership of my three-bedroom house, which is currently worth approximately £550,000 to my nephew and nieces (in equal proportions) to benefit from the seven year rule and avoid inheritance tax. I would need however to rent out three rooms and live in one room myself to afford the rent. Would this mean that I am still benefiting from the house such that it would still be a 'gift with reservation' for inheritance tax purposes?

We spoke to financial advisers to find out what their clients are asking them following the Budget and how many of the changes are likely to affect you.

My father who passed away a while ago and his estate is going through probate. I would like to give our son a third of what I receive - what is the best way to do that?

Can we pay to take our family on an annual holiday without falling into inheritance tax

My husband and I are both in our mid 70s, in good health and without any financially worries. I thought if we enjoyed family holidays each year and we paid the cost, this would be a way of our savings going to the family, but would this be seen as inheritance tax avoidance?

Can you use your minor children's personal allowance and pass some income on to them? What about giving them shares in a family business? Our tax expert explains.

My wife and I are in our mid 50s and currently have two houses. Can we gift our sons £3,000 worth of equity in the house each year until it is theirs?

Are you wealthy? How much in income, cash, property and pensions does it take to be rich

Hargreaves Lansdown used official data plus its own Saving and Resilience Barometer to work out who counts as wealthy. We reveal what individuals with the top 10 per cent of assets in the country typically hold - and why they are most likely to enjoy such prosperity in their early 60s, just before retirement.

If we give them each £50,000 from a joint bank account how would the tax on gifting work if one of us dies in the next seven years?

I am a higher rate tax payer. Can the additional tax relief be claimed or is it calculated at the basic rate which is my son's rate of tax?

Do you need financial planning or financial advice - and is it worth it?

Seeking financial advice can be a daunting prospect. Many people are under the impression that financial advice is too expensive, or simply 'not for someone like me'. But you don't have to be a millionaire investor for financial advice and planning to be worth your time and money - and the lifetime value that you get can vastly outweigh the initial cost.

I am semi-retiring while my partner is still working, so we will be spending time in different homes and want to own one each. Will we pay capital gains tax if we gift each other our shares?

I want to sell the £7,000 worth of BAE shares I was bought as a child. I don't know who bought them for me or when. How do I work out the gain made if I sell?

We want to give away surplus income to beat inheritance tax - what are the rules?

Over many years we have made equal regular gifts to our two daughters up to the inheritance tax annual exemption. But we are considering reducing our potential £45,000 inheritance tax bill by making additonal regular annual gifts from our joint current bank account. How would this work and is it based on joint income?

I know the first £30,000 is tax-free. Could I put the rest into a pension, and then take a tax-free lump sum in a couple of years' time?

A 71% increase in clients using their full annual allowance is reported by Hargreaves Lansdown, and a 64% jump is cited by Interactive Investor.

Inheritance tax was blasted as a mess six years ago - and it's only got worse since, says

in January 2018, Philip Hammond asked the Office of Tax Simplification to carry out a review of inheritance tax - its verdict was damning. It painted a picture of a total mess of a tax, which despite only being paid by a small percentage of estates manages to create an administration nightmare for many more and where the merely rich pay a higher effective rate than the really rich.

On this special episode, Sir Steve Webb, ex-pensions minister and This is Money retirement columnist, joins Georgie Frost and Simon Lambert to answer your questions.

The Government is raking in ever-higher sums because frozen thresholds and the property price boom mean more estates are becoming liable for the tax. Will you need to pay?

I've inherited a £600,000 bungalow - should I sell it or sit on it?

A relative passed away last year and left me and my son their bungalow in a London suburb. I have inherited 75% and my son 25%. We don't want to be landlords so initially planned to sell the home - but I've recently read about how in-demand bungalows are and am wondering if we should wait for its value to increase. Is that a good idea, and if not, what should we do with the cash we get from selling it?

Here we explain the difference between financial advisers, financial planners and wealth managers - and how much each will cost you.

For many small investors, the question is whether they should cash in some profits and pay a lower rate on them before the Chancellor potentially hikes capital gains tax.

What is a family investment company and can they help beat inheritance tax?

One option for those planning to leave sizeable wealth to their loved ones, is to create a family investment company to manage and pass on their wealth to the next generation. This is Money sheds the light on whether creating a family investment company might be the right move for you to protect your families' inheritance.

I'd like to leave my son money to buy a home, for his long-term financial security. Can I leave it in a trust to make sure he can still access Government support?

I'm about to inherit £200,000, what should I do with it?

In a few months I'm due an inheritance of £200,000 from my dad's estate and I have no idea what to do with it. I have my home which is mortgage free, I have no workplace pension and I don't work, I'll need about £70,000 so that I can live and pay bills until I can have my state pension in six years' time. I don't want to put the money in anything risky. I would really appreciate your help.

We still own our respective flats from before we married, and want to put them back in our own sole names. Would remarrying temporarily mean we didn't pay capital gains tax?

My mother will hopefully have £300,000-plus from the sale and I am looking to see what the best thing is for her to do with this money.

I'm inheriting £10m - can I set up an investment trust to manage it for my family and cut

I am being left £10million, could I create an investment trust to manage it? I would like to manage my family's wealth and enable members of the family to have a stake in it. We speak to investment experts to find out how a reader inheriting a large sum can manage it.

An additional 1.2million adults are now NOT on track for even a basic standard of living in retirement compared with last year, according to the Scottish Widows study.

I believe the Government will only cover £85,000 of my pension pot if something happens to my provider. Is that right, and if so what can I do to protect it?

I'm worth £874,000 - how can I protect my daughter's inheritance?

I own my own property and live on my own. The property is worth around £325k. I am due to inherit around £250k from my father, and I currently have a pension pot at £113k in an accumulation fund and £186k in a drawdown fund. I am currently healthy so hopefully this won't be in the foreseeable future, however like to plan ahead. What is the best way to pass my wealth on to my daughter?

Leaving an inheritance for children and grandchildren is at the top of many people's priorities. Here is how to plan your estate and make sure your wishes are respected.

I want to stop working full-time in a decade when I reach 54 and need to make the next ten years really count financially. Can I get where I need to be?

I'm 65 with £180k in savings and want to retire next year - how much monthly income can I

I have no dependents and have paid off my mortgage. I am now 65 and hope to retire next year when I will receive a full state pension as well as an NHS pension of around £4,000 per year. I currently have £180,000 in savings - mainly cash Isas and premium bonds. How can I get a monthly payout from this without eating too much into my savings pot, and what is the best way to make sure that my money is safe?

I'm widowed, with six grandchildren, and am considering leaving this pension pot to them, but how does this work if they wanted to take money out of it after I die?

I have paid £300 each month for the past 97 months, and in doing so have accumulated £46,100 from a total investment of £29,100 plus the dividends that I have reinvested.

I'm starting a new anti-FIRE movement called CHILL, says ANDREW OXLADE

Barely a week passes without mention of the powerfully appealing phrase 'early retirement' - on social media and news websites, and among bloggers and podcasters. Escaping the rat race has always held appeal but the allure appears to be growing and becoming more intense. I checked on Google Trends, just to check the rise is real. And yes, the number of searches for 'retire early' has risen three-fold in a decade. At the sharp extreme end of the 'retire early' movement is the FIRE brigade. Coined by bloggers, the acronym emerged in the aftermath of the 2008 banking crisis and captured the aspiration of many young workers who wanted Financial Independence and to Retire Early. They still do, the Google data tells us.

Pension freedoms mean retirees can now invest their savings how they like rather than buy a stingy annuity. But what do you need to consider and plan ahead for when funding retirement this way?

I'm 77, still working and worth £2.6m - how can I cut inheritance tax?

I'm 77 and have a £70,000 a year final salary pension from an employer that I worked for 30 years but after retiring I also set up my own business which makes about £50,000 a year. I would like to start giving some money away, as I realise a large chunk of my estate will end up facing inheritance tax. I should have done more of this earlier - as time may not be on my side here - what can I do?

   

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