Many people will consider transferring their family home to their children as they become older in an attempt minimise their liability to inheritance tax by reducing the size of their estate and/or in order to reduce their potential liability for care home fees, should they require such care in the future. Here, we set out some of the factors to take into account before making such a gift and some of the potential pitfalls that can ensue as a result.
4 St. Pauls Square, Liverpool, L3 9SJ
17 Allerton Road, Allerton, Liverpool L18 1LG
MSB House, 20-22 Tapton Way, Wavertree Business Village, Liverpool L13 1DA
Old Bank House, 1A Deacon Road, Widnes Cheshire, WA8 6EA
SRA No. 666011
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