CGT and IHT implications of gifting parents property to Children
12 posts • Page 2 of 2 • 1, 2
by Peter D on Wed Dec 20, 2006 10:49 pm
This could very well be judged as depriving the estate in avoidance of care fee assessment and the LA will use the total value of the estate Trust or No Trust. The 3 children will ( I assume over 18 ) will incure CGT liability on there 25% ownership. My original rply to you stands. Regards Peter
- Peter D
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12 posts • Page 2 of 2 • 1, 2
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