Leaving money to your children and grandchildren is all relatively common – something many solicitors see detailed in wills. Grandparents may also gift money early – but there’s an important rule to be aware of.

But Martin Lewis, The Money Saving Expert, has given some advice on how to give cash to your family without it being hit by inheritance tax, with a first-time gift hack.

On his Not The Martin Lewis Podcast show, a listener reached out with a query: “My grandparents wish to gift me part…