My parents want to make me a significant gift. How do I manage it well?
That was Lucía's question when she came to Quality Finance.
Lucía, 41. Head of Operations. Bilbao.
Her parents, both over 75, have decided to make a lifetime gift of part of their wealth to their two children. Lucía's share: €350,000. It's the first time she will manage capital of that magnitude.
Her biggest concern wasn't what to do with the money. It was not doing it badly.
Her situation when she came to Quality Finance:
"I don't want something my parents spent decades building to lose value because it wasn't managed properly."
What we did together
1. We analysed the tax impact of the gift
The Gift and Inheritance Tax varies significantly by region. In the Basque Country the tax treatment is very favourable, but the formal requirements must be met correctly. We calculated the real tax cost and planned the transaction to minimise it.
2. We designed an investment strategy from scratch
With €350,000 arriving at once and no prior experience, the most common mistake is investing everything too quickly or leaving it idle too long. We designed a gradual investment plan:
3. We separated the gifted wealth from her own
We defined a clear structure to distinguish the gifted capital (with its own horizon and objective) from Lucía's personal savings. Two portfolios with different logics.
4. We planned for her own future estate
With this capital, Lucía also needs to think about her own succession planning. We designed a basic structure so that her children don't face the same challenges in the future.
Lucía received the gift with a clear plan, paid the correct tax, and has her wealth invested with criteria. What her parents spent decades building is now in good hands.
All case details have been modified to protect privacy. Presented for informational purposes only.