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Articles Tagged with "Trusts"

Inheritance tax on gifts: What are the rules?

telegraph.co.uk Finance UK

This article explains the UK inheritance tax rules concerning gifts, including the seven-year rule, the 'gifting out of surplus income' loophole, and tax implications of trusts and various assets.

Can the council make me sell my mother's bungalow to pay for care? | Daily Mail Online

dailymail.co.uk Finance UK

A reader seeks advice on whether a local authority can force the sale of their mother's bungalow to cover care costs, prompting a discussion on trusts, asset deprivation, and care funding.

Can the council make me sell my mother's bungalow to pay for care? | This is Money

thisismoney.co.uk Finance UK

A question about whether a council can force the sale of a mother's bungalow to pay for her care costs is answered, revealing complexities involving trusts and asset deprivation.