Latest from Aspira

5 ways baby boomers can help younger generations

Aspira

0 Comments 23 June 2021

The impact of lockdown on personal finances has been most felt by younger generations who may have lost jobs and businesses 1 . Older family members, whose income has been unaffected, may want to help . Here are some pointers: 1. Means Test The unemployed and those on low incomes can apply for…

Gifting to Others – Lifetime Gifts and Inheritance Tax

Aspira

0 Comments 22 June 2021

Some families are bringing forward plans to pass money on and to make gifts during their lifetime, rather than leaving their wealth to be distributed on death. Affordability Lifetime giving can save inheritance tax due on the donor’s estate, but it is important that any sizeable gifts. or long-term…