Have you ever looked on the back of your gift card to find out it loses a % of it’s value if not redeemed within a certain time period? Should this practice be made illegal given you’re basically fronting them money, why should they have the right to DEpreciate your money when all other avenues increase your money when fronting them money?

Does it make sense to you?
“Well, they do have to maintain their computers and the files-that costs them money”

So do banks when calculating the interest adding on your investment, yet no depreciation.

I have an elderly widowed relative who has died in the last few months. He signed over his farm ten years ago to his son to avoid Inheritance Tax by signing a Deed of Gift.

I have since been told that as the elderly relative remained living in the farmhouse rent free then this is a Gift with Reservation and not a Deed of Gift as the elderly gentleman retained a benefit from the property by living in it.

My question is this:- does the fact the elderly gentleman remained rent free in the house make the Deed of Gift Void and if so then does disposal of all the assets (e.g. farm) revert back to the original Will.

I would be most grateful for some help on this please.