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Should you ask for an early inheritance?

Should you ask for an early inheritance?

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Most families don't pay inheritance tax but those that do can get hit with huge bills running into hundreds of thousands of pounds.

With pension pots soon to be included in calculations, this is going to be an issue facing more families in the years ahead.

So if you know your parents or grandparents will get caught in their inheritance tax net, and you also know they don't want to 40 per cent of a chunk of their hard-won wealth going to the government, should you ask for an early inheritance to solve the problem.

On this week's podcast, Georgie Frost, Helen Crane and Simon Lambert discuss how to tackle the thorny issue of giving money away, without triggering a family fallout.

Plus, will the Bank of England still hike interest rates this year, how did a woman end up with another person's massive energy bill from the other side of the country, and is Labour's new plan to make home buyers' offers binding a good idea?

And finally, Simon talks us through his shortlived SpaceX adventure after he decided to sign up for the latest stock market craze.

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Hosts: Georgie Frost, Simon Lambert, Lee Boyce, Helen Crane

Producer: Georgie Frost

Hosted on Acast. See acast.com/privacy for more information.

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