ChatterBank1 min ago
Deed of gift
3 Answers
Hi, My Mother-In-Law inhertitade a house from her dad. She has to pay the inheritance tax as well. But few years later she had a storke and she did "deed of gift" (house, 3 years ago) to her son. She owns the falt as well (where she lives). At the moment she isn't able to pay remaining her dad's inheritance tax. Question:
* Can she sell her flat and pay the dets. Is it possible that she would move live with son in the house without losing the "deed of gift" (maybe she has to start pay the rent)
* If she doesn't pay the inher. tax is the house reliable for the dets?
Thank you in advance
* Can she sell her flat and pay the dets. Is it possible that she would move live with son in the house without losing the "deed of gift" (maybe she has to start pay the rent)
* If she doesn't pay the inher. tax is the house reliable for the dets?
Thank you in advance
Answers
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