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Just to clarify would the property he is now living only 50% of its value would count towards his estate as it is in joint names up to 2017?
If Cornerways is transferred now would her father have to pay CGT on what he paid for the property and current value. Then if sold after death wife would pay CGT on value at time of sale minus value at death - correct?
Sorry to be a pain, but transferree will not be living in property so CGT will be based on value at date of transfer to my wife and not when purchased in 1974.