Passing on your home to your children

Passing on your home to your children

You can give your home to your children – or someone else – at any time, even while you’re still living in it. However, if your estate (including your home) is worth more than the Inheritance Tax threshold (£325,000 in 2014 to 15), there may be tax implications..

 

http://www.hmrc.gov.uk/inheritancetax/pass-money-property/pass-home-to-children.htm

 

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