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Mortgage with parents and Inheritance Tax
Comments
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Righto, got you now - has to be explained in layman's!0
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Hi Delluver,
Your parents can save the family £120,000 with some useful tax planning in their wills.
Like others have said, it's particularly important in a situation such as yours as things could get unnecessarily messy and complicated (and expensive).
Read the IHT article and the posts on the forum to gain a bit more understanding. To find a regulated, qualified and insured willwriter in their area visit https://www.ipw.org.uk[FONT="]Public wealth warning![/FONT][FONT="] It's not compulsory for solicitors or Willwriters to pass an exam in writing Wills - probably the most important thing you’ll ever sign.[/FONT]
[FONT="]Membership of the Institute of Professional Willwriters is acquired by passing an entrance exam and complying with an OFT endorsed code of practice, and I declare myself a member.[/FONT]0 -
Hi Delluver,
Your parents can save the family £120,000 with some useful tax planning in their wills.
Like others have said, it's particularly important in a situation such as yours as things could get unnecessarily messy and complicated (and expensive).
Read the IHT article and the posts on the forum to gain a bit more understanding. To find a regulated, qualified and insured willwriter in their area visit www.ipw.org.uk
Thank you so much!0
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