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Doesn't matter. You will be grateful for a six figure sum in 30 years, because like most people you won't have saved enough to retire on.
Especially as you've reached 30 with just 30K to your name, and you still have the family-and-kids thing to go through. That's an expensive, 25-year sentence.
Of course, it won't matter if your tape-changing business takes off...
not having kids. decided that last weekend, when my parents revealed that they gave my sis a nice lump sum of 10k for a new house.
they can go f8eck em selves. kids should come along cause you want them not because u feel pressured to have them because of your age, or parents.
To spite your parents? Kids are pretty cool things to leave behind when you die. There isn't much else, except your incontinence pants, false teeth and cardigan.
Unless your kids are like xog's of course, or your tape-changing business becomes the new Microsoft.
To spite your parents? Kids are pretty cool things to leave behind when you die. There isn't much else, except your incontinence pants, false teeth and cardigan.
Unless your kids are like xog's of course, or your tape-changing business becomes the new Microsoft.
i think kids are fun and exciting times when they are young, i.e between the ages of 5 - 12
In that case phone the tax evasion hotline on 0800 788 887 and drop her in it. That is more than the allowable gifts limit.
Not on this planet it isn't. You can give anybody as much as you like under any circumstances. At best it's an outirght gift, at worst a potentially exempt transfer. All this means is that if the donor croaks within 7 years then it is still part of the estate and trhe estate (i.e. the donor) may be liable to IHT on it.
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