Income tax, stamp duty and possibly CGT. Different ways of transferring will mean different results. This is why you should get some professsional advice. There are also other legal consequences such as succession and asset protection.
Good golly. Do you u derstand the consequences?
Itwould be a simple process to do yourself but what bout the tax consequences?
Payi g a solicitor for some advice as well as they conveyancing may cost you a bit but could save you a lot.
