When should you draw up a trust deed?

When should you draw up a trust deed?

It's a good idea to draw up a power of attorney when the weather is good! Life can have unexpected moments, and it's good if your loved ones know where to find your letter of interest and what to do. With a trust deed, you plan and decide in advance...
Is it worth it to pass on a summer cottage to the next generation?

Is it worth it to pass on a summer cottage to the next generation?

A summer cottage can be donated during your lifetime to your children or grandchildren. Making a gift during your own lifetime is an effective way to save on inheritance and gift taxes. You can donate less than €5,000 without paying gift tax You can donate a summer cottage in parts tax-free, provided you do it once...
Household deduction on your tax return. Remember to report!

Household deduction on your tax return. Remember to report!

The household deduction is €2,400 for the 2019 tax year. Remember to report! The tax authorities will deduct the amount directly from your taxes. The deadlines for filing your tax return are 5.5., 12.5. or 19.5. What is the household deduction? When you buy services for your home or holiday home, you can deduct...
What is the will to treat?

What is the will to treat?

A care will is a document where you express your wishes in advance about your care and treatment. Due to illness, ageing or an accident, anyone can find themselves in a situation where they are unable to tell their carers or loved ones what kind of care they...
Trivia about Christmas peace

Trivia about Christmas peace

The current declaration of Christmas truce is based on a letter of command from Queen Christina in 1640. In the 19th century, the proclamations may still have included a precise list of offences and fines. In the 1930s, the proclamations were...