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Remus2004, Barrister
Category: Property Law
Satisfied Customers: 2457
Experience:  Over 5 years in practice.
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My aunt is a 85 year old widow sharing a house with her

Customer Question

My aunt is a 85 year old widow sharing a house with her daughter who inherited a half share of the property from her husband approximately 20 years ago. Can she gift her half share of the property to her daughter and what are the IHT and CGT implications"
Submitted: 1 year ago.
Category: Property Law
Expert:  Clare replied 1 year ago.

Thank you for your question

My name is Clare

I shall do my best to help you but I need some further information first

Why does she wish to do this?

Customer: replied 1 year ago.
She is concerned that her second (estranged) daughter may challenge her Will at some future date. The Will leaves all her assets to the daughter she lives with and who cares for her.
Customer: replied 1 year ago.
I do not understand how this system works. Is it like an open chat line, or do I wait for you to email me with a response?