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  • #1

    Councils spy on parents who sign over house to children

    Councils spy on parents who sign over house to children

    This is a duplicate of the Blog Entry made on 20th October 2013 09:59.

    *Blitz on families who 'avoid' care home fees* * *Councils investigating residents who try to conceal property wealth* * *Inspectors with...

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    Tags: care, care home, children, councils, debt, families, family, fees, home, house, inheritance, inheritance tax, october, parents, people, problems, property, residents, rules, size, tax
  • #2
    Re: Councils spy on parents who sign over house to children

    My understanding is that it needs to be done approx. 6 years before the likelihood of going into a home. I know two people who have done this with no problems.... but it requires some foresight and a lot of trust in your family.
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    PriorityOne & CPUTR 2008 (ex P1 CAG CPUTR 2008)

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    • #3
      Re: Councils spy on parents who sign over house to children

      pretty much apply the same rules as you would avoiding inheritance tax. Do everything 6 to 7 years before you think a problem might crop up. Obviously you cant foresee the future though which is the prob.
      I'm an official AAD Moderator and also a volunteer, here to help make the forum run smoothly. Any views or opinions are mine and not the official line of AAD. Similarly, any advice I have offered you is done so on an informal basis, without prejudice or liability. If in doubt seek advice from a qualified insured professional - Find a Solicitor or go to the National Probono Centre.

      If you spot an abusive or libellous post then please report it by Clicking Here. If you need to contact me, for instance if I've issued you a warning, moved, edited or deleted your post, please send me a message by clicking my username.

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