I'm a 65 year old divorced woman living in London with a house that is probably valued at £850,000 (London prices). My son and his partner are living with me and my daughter lives in a one bedroom flat that I purchased last year in both her and my son's name. If I were to pass away, the children would be liable for 40% tax on approximately £500,000. Is there anyone in a similar position? Can anyone advise me on a resolution to the problem? I have always paid my taxes and even now a ridiculous amount of my small pension goes on tax. I would be very grateful for insights from other members of the forum.
Good Morning Monday 29th April 2024
The Republic of Ireland and their tensions with migrants.
Shall we reboot our cartoons thread again? 😁
Forgetting where you left your keys dies not mean you are “losing it”