My wife's mother (a Serbian national) has been diagnosed with terminal cancel so the question is, should the mother gift her Serbian property to her daughter (my wife) while still alive or should it simply be inherited after her death?
Either way, once the mother has passed the intention is to sell the property and transfer the funds to UK.
Which method if any would accrue less tax liabilty here in the UK?
Pertinent info:
- My wife is dual UK/Serbian nationality and resident in the UK
- Value of property <100k euros
thx in advance
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