Debbie Reyland attempts to navigate the tax minefield of passing the family home to the next generation.
The family home is often the most valuable, and indeed valued, of a parent’s assets. As old age beckons, so thoughts turn to minimising future tax while not curtailing the parent’s enjoyment of their assets.
It is important to appreciate that there is no ‘one-size-fits-all’ solution, given the plethora of issues to address, which makes the obtaining of appropriate professional advice essential.
