Gifts with Reservation of Benefits refer to a specific type of transfer where an individual gifts an asset or property to another person or entity but continues to enjoy some form of benefit or control over the gifted property. These benefits can include the right to live on a property, receive rental income, or even have access to certain items or services. The primary objective of such gifts is often to reduce the value of the individual’s estate for inheritance tax purposes, while still allowing them to descend satisfaction or benefits from the assets during their lifetime. Read more - https://ukpropertyaccountants.wordpress.com/2023/07/12/understanding-the-intricacies-of-gifts-with-reservation-of-benefits/