Inheritance & legacy: “I inherit my house to my employees” – an ominous gift?
Inheritances and legacies need to be carefully planned. Beneficiaries must have sufficient cash to pay the (short-term) inheritance tax due and the bills incurred for the operation of the inherited property (e.g. house/property, etc.). For example, if you bequeath your house to your household members without them being able to pay the very high inheritance […]