Troublesome Sister (Alley Dogs S.)

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My wife fears if I die first my children will sell our property against her wishes - can I protect her with a trust? The inheritance would be in your estate meaning that all gifts you give your brother would fall under the seven-year rule. However, a 'letter of wishes' left with her will could be specific regarding your grandmother’s own intentions on this matter.

Booze cruise can save you cash AND get you in the Christmas spirit... as well as being a fun weekend away However, it is important to be careful that a deed of variation could not be seen as denying your brother's wife financial relief. How do you find a good accountant? Five tips on when to seek help, hiring the right firm and typical costs In your brother’s case, it sounds like divorce is a possibility. It is not yet definite, and so the circumstances would depend on when the inheritance was received by your brother.

ALEX BRUMMER: It's the rift that tore apart OpenAI... Is Big Tech putting profits ahead of safety of humankind? How to invest for a Labour government: Analysts eye biggest potential winning and losing shares if Starmer became PM Leading women in technology warning that sexism risks being embedded into computer systems because so few female executives work in AI Regarding your further options if your grandmother left everything to you, a deed of variation in your brother's favour could be made within two years of your grandmother’s death.

Heather will do her best to reply to your message in a forthcoming monthly column, but she won't be able to answer everyone or correspond privately with readers. Nothing in her replies constitutes regulated financial advice. Published questions are sometimes edited for brevity or other reasons. Heather Rogers, founder and owner of Aston Accountancy, is our tax columnist. She is ready to answer your questions on any tax topic - tax codes, inheritance tax, income tax, capital gains tax, and much more. Rolls-Royce boss Tufan Erginbilgic woos City and Ministers with plans for mini reactors and green jet engines Chancellor extends life of two investment schemes... you can support our British entrepreneurs - if you don't mind a gamble However, the important rule to remember is that if you make gifts in your lifetime, then inheritance tax could be payable on them when you die, if they are made fewer than seven years before the date of your death.After the Chancellor declares ‘it’s time to get Sid investing again’... Where to shop for ‘bargain’ UK small caps Depending on the circumstances, it may be possible to argue that the asset is not a matrimonial asset; in other words, it has not been absorbed into the assets of the couple, and therefore it remains outside the pot to be split.