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Supporting your grandchildren financially

In Brief: Supporting your grandchildren financially

Tuesday, 17 June 2025

Providing a financial head start and paving the way for a more secure future

Gifting money to your grandchildren is more than a mere act of kindness or generosity. It offers them a potential financial head start and paves the way for a more secure future as independent adults. Beyond supporting their personal growth and stability, it can also act as an effective strategy to reduce your estate’s potential Inheritance Tax (IHT) liability, enabling more of your wealth to benefit your family rather than being lost to taxation.

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