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I have a question re tax implications of a life interest
Hello – I have a question re tax implications of a life interest trust. In Spouse 1's Will a life interest trust is created to hold Spouse 1's half share in the family home for the sole benefit of Spo… read more
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I'm trying to work out the IHT implications of a Trust set
I'm trying to work out the IHT implications of a Trust set up by my aunt less than 7 years before she died. I'm assuming the Trust means that the value of the life assurance policies paid to Trustees … read more
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we are looking to buy a house with my mum split 40% to her and 15% to the 4 siblings. Hou
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THE TAX LIABILITY of A UK DOMICILED INDIVIDUAL WHO RECEIVES
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My Grandfather who died in 1986 left me one third of his farm,
My Grandfather who died in 1986 left me one third of his farm, to be realised on the death of his son who has been farming it. Because he requested it be put 'on trust' I have been told that CGT appli… read more
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Mother transferred her property (main residence) to children (5) back in 1997, but remained in residence rent free until her death in November 2011. Probate value was £500,000, and property recently s… read more
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My four adult children own a half share in a commercial property
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When dealing with Probate at what point does the tax liability,
When dealing with Probate at what point does the tax liability, on the house, change from being IHT to CGT. The executors are the sole beneficiaries; as such they can transfer title to themselves to s… read more
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i have an estate death) that is made up of property, shares
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My sister and I are executors for my stepmothers will. She
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I hold an Australian share portfolio in an online account.
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Hello, I hope you can help. Scotland -My father and mother
Hello, I hope you can help. Scotland -My father and mother divorced 26 odd years ago. My mother and fathers names are XXXXX XXXXX title deeds to the house my dad has lived in for about 45 years and st… read more
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Hello. Are you in a position to provide tax advise relating
Hello. Are you in a position to provide tax advise relating to a UK property held by an overseas trust where one of the named beneficiaries of the trust is UK Tax resident and domiciled?… read more
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My wife, her sister, and mother bought a house several years
My wife, her sister, and mother bought a house several years ago in equal parts. Both I and her sisters husband made considerable contributions. Now after her mothers death the house is to be sold. At… read more
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I have some long term share options vesting in January, and
I have some long term share options vesting in January, and am a higher rate taxpayer while my wife is not. If I elect to transfer the shares to her when they vest would it be possible to only pay tax… read more
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