Kay Liddel

Registered with Property118.com
Saturday 13th August 2016


Latest Comments

Total Number of Property118 Comments: 3

Kay Liddel

19:08 PM, 20th August 2016
About 3 years ago

Inheritance tax planning to take property over from father?

Thanks again guys I have a few meetings next week and will let you know If there are any other potential ways this can be played. I was just rereading over the posts and the post by puzzler posed a interesting point. If I did nothing and only this 100k equity left my dads estate by virtue of the property ownership type. This amount which was under the nil rate band would that mean that cgt or iht would not be payable as it's a inheritance. Is that correct or am I as my wife would say misunderstanding everything, the rest off the estate would pass to my mum and any IHT would be payble on her death (I hate being so morbid but I feel planing is a key thing).
Kris... Read More

Kay Liddel

23:18 PM, 15th August 2016
About 3 years ago

Inheritance tax planning to take property over from father?

Hi thanks again for messaging back. I am more than happy to pay for advice from a IFA can anyone point me in the right direction, considiring the specifics.
I guess I was looking for a starting point while looking into this and also hoping someone had a similar issue that was solved, I know there is a lot of people with real life expertise on the forum.... Read More

Kay Liddel

14:32 PM, 15th August 2016
About 3 years ago

Inheritance tax planning to take property over from father?

Hi firstly thank you for taking the time to repond. It is owned as tenants in common so hences with a right of survivorship. Mark I agree 100% I made a mistake on this one. I'm just hoping there is some way to wiggle around it. Just thinking out loud What about If I changed the ownership to one that incorporates shares and dilute my dads share down but not completely remove it.... Read More