From: "Robert" 
Newsgroups: uk.finance
Subject: Re: I want to pass money to my 22- and 19-year-old offspring in a form they can't just spend. Stakeholder?
Date: 7 Sep 2005 03:21:32 -0700
   posting-account=wea8Vg0AAACWFrs1xUCYLe2RbiaiU7wT


Yes indeed, in fact if I were to pay by monthly regular payments it
could count as a 'regular gift out of income' for which there is no
limit as long as my executors can show that I was not using capital to
fund it.

The =A33000 annual exception covers gifts up to that amount even if they
are not out of income, but it is a total figure, it's not =A33000 to
each person.  the #per person' limit is about =A3250 per year.

Robert