Hi guys, I'm looking for advice for a friend and found this old thread, don't know if anyone can add please!
Her mum has been in long term self funded residential care for about a year and they are selling her house.
The issue is that the house was gifted to my friend and her sister about 4 years ago, and they are concerned they may be liable for CGT. My friend does not own a property but her sister does.
Can anyone offer advice please?!
Her mum has been in long term self funded residential care for about a year and they are selling her house.
The issue is that the house was gifted to my friend and her sister about 4 years ago, and they are concerned they may be liable for CGT. My friend does not own a property but her sister does.
Can anyone offer advice please?!