Hello all
I am helping my uncle who asked me to refer her.
He is 70 and has two children over over 40s from his deceased wife and both are singles.
Uncle married again few year ago and now want to move to London near the children.
His current house has received offer of 450k.
He wants to buy the new house costing about 600k on one of his child name.
And live there with his wife till their deaths and the house is ultimately transferred to the child.
He is in good health and looks like will survive another 7 years
Other child will get cash amounts instead.
What kind of trust will be suitable and another ways to consider avoid paying any unnecessary death tax.
regards
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