Deed of Assignment - Capital Gains Tax

Hello I am considering drawing up a deed of assignment, transferring the beneficial interest in a property I own that is rented out, in order to assign the rental income away from myself I am aware that this is quite commonly done between spouses, and that there is no Capital Gains Tax implication therein However, if the beneficial interest is assigned to an elderly parent for example, is there any CGT due? And would there be any impact on inheritance? For clarity, I am the sole legal owner of the property Thank you

Hi
Please see Capital Gains Tax: what you pay it on, rates and allowances: Gifts to your spouse or charity - GOV.UK (www.gov.uk).  
This special rule only applies to spouses, civil partners or charities.  
If you dispose of your property then the normal Capital Gains rules will apply.  
Please note you should contact the Inheritance Helpline on 0300 123 1072 for assistance with your query regarding inheritance as we do not deal with inheritance queries on this Forum.