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My grandparents want to start gifting money intended for inheritance to their 4 grandchildren. Their estate wouldn’t be above the inheritance tax threshold so does that mean they are able to gift whatever value they want without it being liable for tax? Also, if they did require care in the future, could gifts given be clawed back. I keep seeing this ‘£3000’ limit but from what I see that’s only when inheritance tax comes into play? Help gratefully received!!