Welcome to our Dollars & Sense column. While in no way is it formal financial advice, it is a way to stress test your ...

Always keep accurate and transparent records of the source of the investment or property's funding: Loan agreements, transfer ...

The cash could then be used for long-term investing in ISAs or pensions or held in trusts that give you greater control over when and how children benefit. Selling down can also reduce your estate’s ...

There are legal strategies parents helping their children into the property market can use to prevent the money from being ...

Inheriting a home can mean inheriting property taxes, too. Here’s what heirs, executors, and families need to know to avoid surprises.

When thoughtfully designed and coordinated with broader financial and family goals, a SLAT can be a cornerstone of ...

A caller on The Ramsey Show was grappling with this exact dilemma. He told personal finance guru Dave Ramsey that he wanted to “gift” his childhood home to his 18-year-old son — but he wasn’t sure if ...

Send help. I’ve officially entered the recorder era of parenting. I thought I’d be safe until the dreaded fourth grade concert, where 30 kids squeak out “Mary Had a Little Lamb” in unison. But here I ...

Understanding how Medicaid works—and its relationship to homeownership—is crucial for anyone planning their estate or helping ...

I'm a single parent, and am looking at ways to minimise inheritance tax on my estate when I die. I looked into passing my home to my adult son and daughter while I am alive, but it seems that as I am ...

Across Spain and other European countries, it has become increasingly common for elderly homeowners to transfer their properties to their children before they pass away. The motivation is ...

Navigating children's requests for expensive items presents an opportunity for parents to instil crucial values. By understanding the motivations behind these desires and openly discussing financial ...