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When a property is gifted is gifted the propery of you choose to receive it its fair market value. Consult with a professional about via inheritance is the most transferring property.
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Gift of Money to Family - Is There a Gift Tax UK?Gifting your home may not be the best way of reducing your inheritance tax liability. You should discuss with your chosen legal advisor your options. Generally, from a tax perspective, it is more advantageous to inherit a home rather than receive it as a gift before the owner's death. So, gift your assets that have minimal gains and save your most appreciated assets for inheritance.
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