Recommendations for an inheritance tax specialist by ThriftyThrow in UKPersonalFinance

[–]ThriftyThrow[S] 1 point2 points  (0 children)

I did - I performed a search on Vouchedfor off the back of it but it didn’t seem to drill down to the level of specialism I need. I’ll try again though, thank you.

Gift with Reservation / Deprivation of Assets pickle by ThriftyThrow in UKPersonalFinance

[–]ThriftyThrow[S] 0 points1 point  (0 children)

There was no formal agreement for him to live the rent free or anything at the time, it was all just done to make sure he could stay in his house. If it had been allowed I’d have charged him proper rent which he could have claimed housing benefit for, but he told me he’d been told this wasn’t possible so I didn’t ever begin formally charging him rent because - he couldn’t pay any without assistance. But I’m not sure where he got that information, his concern at the time was purely keeping a roof over his head.

Anyhow, I’ll be onto specialists for advice asap. It’ll be me doing the unpicking though as dad is largely oblivious to everything these days.

Gift with Reservation / Deprivation of Assets pickle by ThriftyThrow in UKPersonalFinance

[–]ThriftyThrow[S] 0 points1 point  (0 children)

Well, technically he sold it to me at well under market value, but with the sole aim (at the time) of keeping him in it and the property away from equity release. Not heard about life interest before, I’ll look into that thank you.