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(, Sun 1 Apr 2001, 1:00)
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My dad is sorting put at the moment how best to give me his house to avoid inheritance tax, he has to live for 7 years after I think and then we're all cool.
(, Wed 29 Aug 2012, 10:57, 3 replies, latest was 13 years ago)
My sister's father in law paid off their mortgage with the same thing in mind.
(, Wed 29 Aug 2012, 11:00, Reply)
old skool is best skool
(, Wed 29 Aug 2012, 11:02, Reply)
for the same reason.
(, Wed 29 Aug 2012, 11:01, Reply)
he can't just hand it over, if you transfer it into your name it's a gift if you don't pay for it, and then he needs to pay you a "fair" market rent value to live there. It's not as easy as it seems
But then I'm pretty sure he knows this already.
(, Wed 29 Aug 2012, 11:04, Reply)
There are around 4 bank accounts involved. I'm pretty sure its people like me ruining the economy.
(, Wed 29 Aug 2012, 11:51, Reply)
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