Gifts for Maintenance & Education: How the Rules Really Work
Helping children through university can be costly, but the maintenance and education exemption gives parents a powerful way to support them without triggering inheritance tax. In this video, Paul walks through a practical case study involving Sarah, Emma and James to show how assigning an investment bond to adult children can qualify as a gift for maintenance and education under Section 11 IHTA 1984. He explains why the assignment works tax‑efficiently, how withdrawals used for genuine university costs remain exempt, and the importance of proper documentation such as tuition invoices and rental agreements. A clean, simple breakdown to help you understand this valuable exemption for exam and real‑world advice scenarios. Subscribe for more clear, exam‑friendly DipFA explanations from Paul. https://mailchi.mp/7fce467379f5/youtu... #DipFA #inheritancetax #educationfunding #investmentbonds #financialadvice #paularcher #taxplanning

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