How do i gift my house to my daughter

[brisara1]

I want to give my house to my daughter but still have the assurity that she could not sell it until I die.
Is there a legal way to do this IE maybe pay a nominal rent payment of £50 per year until I die.
thank you all.

[Crazy council]

Re: How do i gift my house to my daughter

Hi

Yes you put it in trust but you have to get a proper solicitor to draw it up because it can be a bit of a nightmare.

Be careful if your considering letting the solisitor also act as trustee,

There are certan things that gifting her will not avoid, like any bankruptcy action in the next few years.

[enaid]

Re: How do i gift my house to my daughter

There are a few things to think about before you do this

Rules from HMRC this is about Inheritance Tax http://www.hmrc.gov.uk/inheritanceta...o-children.htm

A little more info here http://www.thisismoney.co.uk/money/e...-children.html

There are also implications if you have deemed to sign your house over to avoid care costs