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Where Taxpayers and Advisers Meet

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by theredimp
Tue Feb 12, 2019 12:08 am
Forum: Capital Gains Tax, CGT
Topic: CGT on property inherited with residence clause
Replies: 2
Views: 179

Re: CGT on property inherited with residence clause

Thank you for this information. I was sure that there would be something that covered this particular circumstance. It also explains why the solicitor dealing with my wife's stepfather's estate was so interested in the value of the property at the date of his death.
by theredimp
Mon Feb 11, 2019 9:34 am
Forum: Capital Gains Tax, CGT
Topic: CGT on property inherited with residence clause
Replies: 2
Views: 179

CGT on property inherited with residence clause

My wife inherited a residential property from her mother a few years ago with a clause in the will that her stepfather (who didn't own any part of the property) be able to live in it rent free until his death. We were renting a property elsewhere and didn't own any other property. Upon his death las...

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