Leave it to you.What is the most tax efficient way to do this?
They are willing to will it to me on the understanding that I pass it on to my son. I have no problem doing that but the best way to do it is the question. I am married and have two step children along with an infant son. My wife and I have assets we wish to leave to the children but my parents house is separate to that.
I just want to be sure all eventualities are covered and that a mistake is not made at this stage that will have consequences later.
Yes. I agree. Not just financial. What about the two step grandchildren and the relationship between their mother and grandparents.A lovely gesture from your parents but be careful something good does not end up causing problems.
They are willing to will it to me on the understanding that I pass it on to my son.SNIP SNIP.
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?