This Is Money Show
Can you give money away and still control what happens to it?
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 0:45:12
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Sinopsis
This is Money has had a string of questions from readers looking to give their cash to children or grandchildren but who also wish to protect it from being squandered or lost in a relationship break-up. Whether the money is for a house deposit or to avoid inheritance tax, or for any other reason, it’s a major modern concern - especially as the sums involved can be tens or hundreds of thousands of pounds. On this week’s This is Money podcast, Simon Lambert, Rachel Rickard Straus and Georgie Frost discuss why people are worried and what they can do – if anything. Can you really control money once it has been given away? Could partners – or even theoretical future partners – get their hands on it? And why give it away in the first place if you’re going to worry about how it’s used? Also, on the agenda is the 10-year anniversary of the run on Northern Rock – when customers feared for the bank’s future and queued up outside branches to withdraw all their cash. It was the birth of the financial crisis in the UK fol