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

Give away or inherit during your lifetime? What you need to consider.. As of: February 23, 2024, 4:48 p.m By: Carina Blumenroth CommentsPressSplit The matter of money is often a bit opaque.

What you must 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. The same allowances apply again every ten years.