Thank youHi. Thank you for your question. My name is XXXXX XXXXX I will try to help with this.
Thanks, XXXXX XXXXX forward to hearing from you
How can the iht be paid without selling the house? How could my husband continue to live there if the house had to be sold to pay the tax bill?
Hi thanks for your advice. I am still unclear about what kind of trust I would need to have drawn up if my children are to receive the house without having to pay IHT when I die. Would it be called a Discretionary trust, Accumulation and Maintenance trust? Also if I put the property into a family trust would it avoid IHT?
Thanks, XXXXX XXXXX point I need to consider all of this is what age can my children become executors for me? Is it 16?