Search results

Hey Terry and Paul, Thank you for the detailed responses! Like always with property it all becomes a bit confusing which is why left best to the experts. :confused: From what I can gather from your responses though whether the property is a gift or a deceased estate then the CGT is not the...

Also just further to this what would happen in the event that the property did stay in the will and the kids received it as a deceased estate in say 20 years. Let us say in 20 years it was worth 1.2million and the kids then sold it immediately. Would they then be liable for 1mil CGT or are...

Hi All, My wife and sister have recently been speaking to their mum about her gifting them the property she plans to leave them in her will. The idea being that she can see them actually enjoy the life such a gift would bring. The property was purchased after September 1985 and the mother lived...