Assent of Equitable Interest – part of property only

getmore4less

Depending on the will and/or when the residue was ascertained the beneficial ownership may have already transferred.

if the sale is imminent it may be too late to back date any transfer anyway.

Tom99

getmore4less wrote: »

Depending on the will and/or when the residue was ascertained the beneficial ownership may have already transferred.

[FONT=Verdana, sans-serif]Just as an update, this is the route I followed and have agreed with HMRC that the administration period has ended because the residue of the estate had been ascertained.

[/FONT] [FONT=Verdana, sans-serif]So each legatee will be responsible for their own CGT.[/FONT]