If your question is whether, by transferring everything to your wife, you lose your own £325,000 exemption, the answer is no.
Can I clarify anything for you?
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Depends how your wife reduces her assets. If she gives it away, they are potentially exempt transfers.
If she gambles it goes on round the world trips, then there is no liability.
If she sells her million pound home, and moves to a smaller property, then she will have a chunk of cash which would be treated in exactly the same way as the asset would.
I’m still not certain what it is that you’re asking