My mum gave me half her house ten years ago, and I moved in with my partner some eight years ago. My mum died at Christmas, I fear my mother’s gift might have been another expensive one of your experience – more in hope than expectation, is there a way round it?
There some inheritance tax exemptions available to only a few of us… To my way of thinking they shouldn’t exist….
We moved from our family home recently on our retirement. Our daughter has agreed to buy it from us. Will we have to pay tax on the sale of this house even though we lived in it for 20 years?
Many don’t understand the gifting rules to inheritance tax. Here’s a brief guide…
Many expect changes to inheritance rules. I fear their expectations would be disappointed. The sensible course would be to act on the rules as they are this day…