Capital taxes
The art of gifting
Are you considering making gifts?
Clearly, there are several personal and financial matters you should take into account, which should ideally be discussed with us. However, here are some questions you could consider initially:
- Can you afford these gifts?
- Will the recipients use them wisely?
- Could you still enjoy some benefits afterwards?
- Would it be better to defer the gifts?
- Is there a time limit you must act within?
- Could the gifts be just as easily made in your will?
- Would it be better to give money or property?
- Should any strings be attached?
- Have you considered all tax implications?
Do contact us if you would like to discuss this further.
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