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6 December 2011, 01:43 AM | #1 |
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Join Date: Nov 2011
Location: middlesbrough
Posts: 131
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Parents donating their houses
My mother is getting worried in her later years and wants to give her house to me and my brother. She doesnt want to have it taken off her if she ever had to go into care.
What are the complications of my mother signing the house over to me and my brother? UK Inheritance tax?? Is this applicable if its not inherited? Can she sell it to us for a nominal price? I bet it's not as easy as it sounds? |
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