Hello
Can anyone advise please.
My friend if 55 and she has always lived with her parents, the latter years she has been caring for her parents, whilst still working.
They would like to leave her the house (circa 500k), and avoid inheritance tax if possible.
Does the 7 year rule apply if she and they both live or are property until both parents die? And she will remain living there once they die.
What other considerations does she need to be aware of?
Thanks in advance.
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