Fabafterfifty: inheritance tax

  1. Helping Your Child onto the Property Ladder – Dos and Don’ts

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    Samantha Jago - rhw solicitors image
    Article by Samanatha Jago Parents are often conscious of the difficulties their children face in getting onto the property ladder.  As a result many parents give their children a helping hand by loaning or giving them money towards the purchase of a property.  Samantha Jago, family law solicitor at rhw solicitors in Surrey, looks at some the issues that can need to be considered if you decide to go down this route: Giving your child money towards a property Anyone wishing to assist their child in purchasing a property should give consideration to the following: • Is the money to be a loan or a gift? • How would you feel if your child cohabited and the relationship came to an end and the ex-partner sought to claim an interest in the monies you had gifted your child? • How would you feel if you fell out with your child and they then...

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