Wills, Inheritance Tax, Power of Attorney, Services for the Elderly, Probate Fact Sheets
Giving away your home
31st October 2008
By giving your home to another person or persons you are giving away your legal title to it. The house will belong to them absolutely and will become part of their estate. It will be subject to their Wills, their matrimonial affairs and disputes. It will be theirs to mortgage, or sell as they wish. It may also give them a liability for Capital Gains Tax purposes.
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Express Private Trusts
29th January 2010
If I put something aside for someone how can I make sure they do not waste it?
An express private trust is one way of ensuring that someone you particularly want to benefit will and that those assets or monies can be protected. A Trust can be created in favour of individuals either in your lifetime by a deed or declaration, or on your death in your Will.
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