Passing the family home to the next generation - What do you need to know? 

Are you considering passing your home to your children but still living in it? Are your parents looking to mitigate inheritance tax by giving you the house? Are there any implications? Does this work? what options do you have available?
How does inheritance tax fit into this scenario? When does it work and when does it not?
This video will take you through the reality of what happens and some options available to you should you decide that this is the right route for your family.
Video contains:
Giving the family home to the children
What is a gift with reservation?
What options are there to remove the gift with reservation categorisation
Thanks for tuning in to the video.
If you know anyone who may find the property information helpful and useful then please share it with them too.
Subscribe to the channel and press the notifications button to ensure you keep up to date with the latest property tax and accounting videos.
If you need help from an accountant then check out
www.shapcotts-accountants.co.uk
Check out my links at linktr.ee/KimberleyShapcott
DISCLAIMER: Please be advised that the content of my media is my personal opinion and is intended FOR GENERAL INFORMATION PURPOSES ONLY, not specific tax advice. Nothing herein shall be construed to be financial, legal or tax advice. The content of this video is solely the opinions of the speaker. Making decisions on your tax position and investment decision is your own and appropriate specific targeted advice from a qualified accountant or tax advisor should be sort. The speaker will not be held responsible for any losses or gains based on decisions made following watching this video. Always do your own research and seek advice from an appropriately qualified professional.
#property #propertytax #propertyinvestment #accountants #taxadvisor #shapcottsaccountants #believepropertyltd #inheritancetax #IHT #gifts #giftswithreservation #IHTplanning #inheritanceplanning #estateplanning
Final editing by Shapcotts Online Productions.
Thumbnail by Unknown Creatives (Midlands) Ltd.
Music Credits:
Happy Upbeat Corporate | WORK by Alex-Productions | / @alexproductionsnocopy...
Music promoted by www.free-stock-music.com Creative Commons Attribution 3.0 Unported License creativecommons.org/licenses/...
Upbeat Corporate by JP Bianchini | / jpmbianchini
Music promoted by www.free-stock-music.com Creative Commons Attribution 3.0 Unported License creativecommons.org/licenses/...

Развлечения