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(, Sun 1 Apr 2001, 1:00)
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Inheritance tax is a lovely piece of lateral thinking

(, Tue 28 Feb 2012, 14:55, 2 replies, latest was 14 years ago)
That is fucking bollocks, as is the whole old people's home costs
I need the conversation with my parents soon to get them to sign over their house to me
(, Tue 28 Feb 2012, 14:56, Reply)
done and done, I have power of attorny over them if i can prove that they are doolally
MWAHAHAHAHAHA
(, Tue 28 Feb 2012, 14:58, Reply)
Got to do it nice and early.
If it looks like a dodge it can be unwound. Buy the house for a vastly reduced sum and give them a life tennancy until they are frail.
(, Tue 28 Feb 2012, 14:58, Reply)
This sounds like a good plan
I thought it was to do with 7 years or something
(, Tue 28 Feb 2012, 14:59, Reply)
About right. It can still be reversed if it looks dodgy though. Hence try not to do it as a gift.

(, Tue 28 Feb 2012, 15:00, Reply)
£1 seems reasonable to me for a 2 bed bungalow

(, Tue 28 Feb 2012, 15:01, Reply)
Steady, I think your Dad's trying to mug you off!

(, Tue 28 Feb 2012, 15:04, Reply)
I'm going to start stealing from them now
really I'm doing them a favour
(, Tue 28 Feb 2012, 15:01, Reply)
That's the one where somebody you love dies and leaves you whatever they've managed to scrape together
over a lifetime of 50% effective tax and once they pass it on to you, the government taxes you on it?

Even death can't save you from the taxman.
(, Tue 28 Feb 2012, 14:57, Reply)
what's sad is when people have to sell treasured possions/homes to pay the tax on treasured possesions homes

(, Tue 28 Feb 2012, 14:58, Reply)

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