Search results

Jingo, Terry, and others, something else to consider at this time, is power of attourney (sp?), both medical and financial. In our case we have both covering each other (my wife and I) and then for our two kids if we become incapable. This may be needed before we get to wills and...

Something else you need to consider, is that if you leave everything to your Daughter via a testamentry trust, you have to make sure that any future children you may have are not excluded by the wording you are setting up now. You also need to consider what happens to your estate if you all...

I think there would be no CGT on the transfer to your daughter, but there would be CGT on property sold to pay your debts.