Mother in law wants to put house in husbands name

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Just that really. Joint with a sibling and she will live in it until she dies.
She said it's to make it easier when she dies. No current health issues and she is in hr late 60s. However l am concerned about the implications of this as my husband hasn't given it a second thought. Any potential tax issues? What happens if one of them dies before her, she is incapacitated etc? What about liability for maintenance?
There is no mortgage.
She said it's to make it easier when she dies. No current health issues and she is in hr late 60s. However l am concerned about the implications of this as my husband hasn't given it a second thought. Any potential tax issues? What happens if one of them dies before her, she is incapacitated etc? What about liability for maintenance?
There is no mortgage.
Total unsecured debt January 2020: £36k current £13824
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If so, read up on stamp duty. If not and you plan on buying somewhere, read up on stamp duty.
Tax issues is capital gains tax if the property is sold on her death.
If one does before her it forms part of their estate.
If one divorces or made bankrupt, it's part of their assets.
If she's incapacitated or goes into a care home, deprivation of assets comes in.
It doesn't make things easier when she passes away, it adds extra layers of complications while alive and when she dies.
"If one does before her it forms part of their estate." Should have read "If one dies before her it forms part of their estate."