Lending money to family? Put it in writing first
A £30,000 bank transfer to your son can look like a loan to you and a gift to everyone else. Here’s how a written agreement saves arguments, tax headaches and probate rows.
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#gifting
1 article
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1 article
A £30,000 bank transfer to your son can look like a loan to you and a gift to everyone else. Here’s how a written agreement saves arguments, tax headaches and probate rows.