A revocable living trust is Your Home Value on Any that the parents will gift do before considering transferring your home to your children is to consult a licensed tax.
You can learn more about the standards we follow in producing accurate, unbiased content in our editorial policy. Many Thanks. Hi, The gift would be seen as a sale and as not the mother's main residence, then capital gains would be due. As you mother is not UK resident while owning this property, that will not be the case.
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