[HIGHLIGHTS] Give away or bequeath during your lifetime? What you need to consider

Give away or bequeath during your lifetime? What you need to consider.. As of: February 21, 2024, 5:02 a.m By: Carina Blumenroth CommentsPressSplit The matter of money is often a bit opaque.

What you should consider when receiving a gift or inheritance. There are allowances for inheritance or donations. The tax office must find out about the windfall within three months of a gift. If you inherit a property in addition to cash assets and want to live in it yourself, it is tax-free.